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.

Instant Onboarding: A Payments ‘Red Herring?’
Instant Onboarding: A Payments ‘Red Herring?’
November 02, 2018  |  Faster Payments

Instant onboarding — the ability for a merchant to complete a one-page digital application, then instantly process payments — has, more or less, been heralded as the best thing to happen in...

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Yooz Taps SnapCheck To Digitize Checks In Accounts Payable
Yooz Taps SnapCheck To Digitize Checks In Accounts Payable
November 01, 2018  |  B2B Payments

Invoicing and payments Software-as-a-Service company Yooz has struck a strategic partnership with SnapCheck to address the friction of companies paying suppliers by check. Get the Full...

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Faster Payments, Real-Time Payments And A Few Glitches
Faster Payments, Real-Time Payments And A Few Glitches
November 01, 2018  |  Faster Payments

Speed matters in payments, and as B2B moves away from checks, some recent infrastructure initiatives and announcements show traction in Europe and Asia.  However, as...

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Why Context Makes Virtual Assistants Smart Digital Bankers
Why Context Makes Virtual Assistants Smart Digital Bankers
October 30, 2018  |  Digital Banking

AI and ML-powered services can help fight banking fraud. However, to layer the tech into viable solutions to assist customers with banking, robo-advisors need to...

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NEW DATA: Why One-Third Of Businesses Want Real-Time Payments
NEW DATA: Why One-Third Of Businesses Want Real-Time Payments
October 30, 2018  |  Faster Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Data Dive, Halloween Edition: Fines And Fraudsters
Data Dive, Halloween Edition: Fines And Fraudsters
October 29, 2018  |  Data Dive

There will be no shortage of ways to try to scare yourself through the first half of this week — scary movies, scary costumes, scary receipts for...

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SFO Chief Recuses Herself From Barclays Case
SFO Chief Recuses Herself From Barclays Case
October 29, 2018  |  B2B Payments

The new director of the Serious Fraud Office (SFO) has stepped down from the prosecution of four former Barclays bankers over potential conflicts of interest....

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Chinese Banks Embrace Facial Recognition To Fight Fraud
Chinese Banks Embrace Facial Recognition To Fight Fraud
October 29, 2018  |  Biometrics

Banks in China have embraced micro-expressions technology as they try to combat fraud earlier by studying the facial movements of customers. Get the Full Story...

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Mapping Fraud’s DNA
Mapping Fraud’s DNA
October 29, 2018  |  Fraud Prevention

Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal...

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