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fraud
(redirected from Fraud Detection)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
fraud,
n an intentional perversion of truth for the purpose of inducing another, in reliance on it, to part with something valuable or to surrender a legal right; deliberate deception; deceit; trickery.

fraud Managed care The intentional misrepresentation or deception resulting in payment(s) for services not rendered or payment above that normally paid. See Medicaid fraud, Medicare fraud Patient care Dishonest practice; breach of confidence. See AIDS fraud, Health fraud. Cf Misrepresentation.


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A California Board of Accountancy regulation requiring eight hours of CE in fraud detection that was slated to go into effect July 1, 2004, has been suspended until at least Jan.
The internal fraud detection feature focuses on cheque issuance and payments, in addition to claims activity.
and an applications service provider (ASP) of e-commerce tools for customer interaction management, are teaming up to protect online merchants and consumers from fraudulent transactions by integrating iCOMS' Internet commerce management services with enHNC's eFalcon Internet credit card fraud detection and risk management service.
 
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