The Evolution of Law Against Payment Frauds

Abstract

Cover -- Half Title -- Endorsements -- Title -- Copyright -- Dedication -- Table of Contents -- List of Abbreviations -- 1 Introduction: The Interaction of Law, Technology and the Payment Services Market -- Prologue -- I. General Framework: Technology, Market and Institutional Change -- II. An Overview: The Interaction of Technology, Financial Services and Fraudulent Activities in the Payment Market -- A. Payment Process and Payment Services -- B. Technology and Provision of Payment Services: From Physical to Digital -- C. Technology and Fraud -- D. Legal Institutions on Payment Services and Fraud -- E. Summary -- III. Interested Parties in Adopting Payment Technology and Countering Fraud -- A. Regulators and Lawmakers -- B. Financial Institutions -- C. Telecommunication Firms and Internet Service Providers -- D. Other Technology Firms and Start-Ups -- E. End Users and Fraudsters -- IV. Map of the Book -- Reference -- 2 An Overview of the Evolution of Payment Services and Fraud -- I. Introduction -- II. Overview of Payment Instruments and Services -- A. Basic Scenario -- B. Cash: Coins and Notes -- C. Negotiable Instruments -- D. Card-Based Payment -- E. Wire or Inter-Bank Transfer -- F. Informal Money Transfer -- G. Electronic Payment Services -- H. Cryptocurrencies -- I. Obstacle to Cross-Border Payment -- J. Summary -- III. Payment Fraud: A Broad Overview -- A. Defining Fraud -- B. Why Is Fraud Wrong? -- C. Mechanics of Payment Fraud -- IV. Chapter Summary -- Reference -- 3 From Metal to Paper: Fraud Related to Cash Notes and Coins -- I. Introduction -- II. Cash Payment Fraud -- A. Producing Counterfeit Money -- B. Using Counterfeit Money -- III. Legal Institutions Against Cash Fraud -- A. Criminal Sanctions Related to the Production of Counterfeit Money -- 1. Criminal Sanctions for the Production of Counterfeit Money.