PYMNTS-MonitorEdge-May-2024

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.

Banks’ Biggest Threats In 2016
Banks’ Biggest Threats In 2016
December 31, 2015  |  News

The Wall Street Journal reported Wednesday (Dec. 30) that a survey of banking experts yielded some predictions of what to expect in terms of risk in 2016....

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Why Consumers Might Have A Tough Time Returning Gifts
Why Consumers Might Have A Tough Time Returning Gifts
December 30, 2015  |  Security & Fraud

Enabling frictionless and convenient returns has become a major selling point for retailers, but new fraud rules could be standing in the way. According to...

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For Payments, Nirvana After Risk Enlightenment
For Payments, Nirvana After Risk Enlightenment
December 28, 2015  |  In Depth

It’s the Holy Grail – or Nirvana – of payments. Mobile transactions that sail through smoothly even amid the rising threat of CNP fraud, keeping...

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Security Flaw Found In German Banks’ Retail Payment Systems
Security Flaw Found In German Banks’ Retail Payment Systems
December 23, 2015  |  International

Cybersecurity researcher Karsten Nohl discovered a critical vulnerability in the retail payment systems of several German financial institutions. As Reuters reported Tuesday (Dec. 22), the...

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