fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

Faster Payments, Open Banking Should Keep Treasurers On High Alert
Faster Payments, Open Banking Should Keep Treasurers On High Alert
January 09, 2019  |  B2B Payments

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to...

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Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
January 09, 2019  |  Security & Fraud

Retailers are increasingly using new tools to differentiate between legit and fraudulent transactions. In the latest Digital Fraud Tracker, Neiman Marcus’ Chief Information Security Officer...

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Finexio Targets B2B Payments Compliance With Cass
Finexio Targets B2B Payments Compliance With Cass
January 07, 2019  |  B2B Payments

Smart B2B payments network Finexio announced a partnership with Cass Information Systems on financial exchange services. Get the Full Story Complete the form to unlock this...

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Payments Fraud Rides Money Mules Into 2019
Payments Fraud Rides Money Mules Into 2019
January 04, 2019  |  B2B Payments

Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the U.S. show some...

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InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
January 04, 2019  |  Security & Fraud

When it comes to the world of cybercrime touching the connected smart devices that consumers are increasingly using, it is easy to come across some...

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Study: Merchants To Lose $130B In Digital CNP Fraud
Study: Merchants To Lose $130B In Digital CNP Fraud
January 03, 2019  |  Retail

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Get the Full Story...

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What Lies Beneath: FIs’ Biggest Cyberthreat
What Lies Beneath: FIs’ Biggest Cyberthreat
January 03, 2019  |  Fraud Prevention

Well, let’s start with the bad news first, even at the risk of robbing some of the joy and optimism that comes with the new...

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Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
January 02, 2019  |  Security & Fraud

New data shows that blockchain companies awarded $878,504 in bug bounties to hackers in 2018. Get the Full Story Complete the form to unlock this...

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Modo CEO: 2018 Was The Year Of Utility
Modo CEO: 2018 Was The Year Of Utility
December 28, 2018  |  Commentary

Bruce Parker, founder and CEO of Modo, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Get the Full Story Complete the form...

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