The Evolution of Law against Payment Frauds
The Evolution of Law against Payment Frauds This book examines the evolution of legal institutions in containing and tackling fraudulent activities plaguing payment systems ('payment fraud', e.g.…
Specifikacia The Evolution of Law against Payment Frauds
The Evolution of Law against Payment Frauds
This book examines the evolution of legal institutions in containing and tackling fraudulent activities plaguing payment systems ('payment fraud', e.g. bitcoins or QR code payments). forged cheques, wrongful payment instructions, etc.) in Asia, focusing on laws in Greater China and Singapore.In the past century, the payment system has invited much innovation, changing the modes of payments from exchanging cash and coins to the use of cards, wire transfers and other new types of payment instruments or services (e.g.
Even with advanced computer technology, payment fraud is still rampant in the market, causing billions of dollars in losses globally per annum. As the nature of payment services is to move money from one place to another, it naturally attracts fraudsters. Through an examination of payment instruments and associated frauds over time, the book illustrates a shifting
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