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.

UK Raises Contactless Spending Limit to £30
UK Raises Contactless Spending Limit to £30
February 09, 2015  |  News

The growing popularity of contactless payments in the U.K. has propelled the spending limit on contactless cards to be raised by £10 to £30 starting...

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Rising Mobile Commerce Fraud Costing Retailers
Rising Mobile Commerce Fraud Costing Retailers
February 06, 2015  |  Mobile Commerce

Mobile commerce fraud is costing retailers an average of 3 percent of their total revenues, and the faster m-commerce grows, the more fraud will cost,...

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As Mobile Commerce Grows, M-Commerce Fraud Grows Even Faster
As Mobile Commerce Grows, M-Commerce Fraud Grows Even Faster
February 04, 2015  |  Mobile Commerce

The number of retailers who offer customers a mobile commerce option has doubled in the past year — but m-commerce fraud is growing even faster,...

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NY Checks ‘Yes’ on Citibank Deal
NY Checks ‘Yes’ on Citibank Deal
January 29, 2015  |  Financial Inclusion

Citibank has reached an agreement with New York Attorney General Eric Schneiderman to change its screening processes for checking and savings accounts to be more...

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