investment funding round

SEON Raises $600K in New Funding

Hungary-based fraud prevention startup SEON announced on Thursday that it had closed a €500,000 ($624,000) funding round with investment from PortfoLion and Fiedler Capital. The company said that intends to use the new funds to expand into new geographical markets and industries. SEON officially launched its out-of-the-box fraud solution in...Readmore
Chinese New Year 2018

Fraud Trends This Chinese New Year

Today marks the start of the Chinese Year of the Dog and the beginning of Lunar Spring Festival that ends on March 2, a festival that is a major gift-giving holiday in China and East Asian markets with large ethnic Chinese populations. For this year’s Chinese New Year about-fraud.com spoke with...Readmore
Interview with Markus Bergthaler Director of Programs at the Merchant Risk Council

Merchant Risk Council: Industry Events & Education

Established in 2000, the Merchant Risk Council is the leading global trade association for eCommerce fraud and payments professionals. About-Fraud.com caught up with Markus Bergthaler, Director of Programs, to find out how the MRC is helping educate and empower industry professionals. In this brief Q&A, Markus sheds some light on...Readmore
Interview with Emailage Chief Product Officer Amador Testa

Putting Email at The Core of Digital Identity

Emailage was founded in 2012. The company enables merchants to use customers’ email addresses as the core element in assessing transactional fraud risk, including a predictive fraud score. Emailage leverages a vast consortium of data and layered technology to combat transaction fraud, along with other use cases pertaining to account...Readmore

Equifax Breach: Value Leech

A few weeks have passed, and the Equifax data breach has been discussed extensively in just about every news outlet. This is an instance where saturated news coverage and never ending analysis is well warranted, with 143 million Americans waiting for the other shoe to drop. I will take a...Readmore
Josep Bernat travel fraud consultant

Flying Thru Turbulence in Travel Fraud

Josep Bernat is the CEO of Nuk Consultants and Svik Lainoa, two companies focused on improving B2B clients’ payments, client conversiand fraud prevention, and is a former CRO of eDreams Odigeo. Having worked for Europe’s largest flight retailer with a presence in 44 markets, Josep is well aware of the...Readmore
Emma Mohan-Satta, Kaspersky Article

Kaspersky Fraud Prevention: Evolving to Meet Changing Threats

Kaspersky Fraud Prevention was recently at Money 20/20 Europe to display their readiness to work with all types of businesses that want to protect their online accounts, from financial institutions and gaming merchants to airlines and other e-commerce sites. About-Fraud.com discusses below Kaspersky’s approach to fraud prevention with company fraud...Readmore

What Omnichannel Fraud Looks Like

By Rafael Lourenco, Executive Vice President, ClearSale As retailers add and expand omnichannel operations, their fraud management challenges are growing, too. Organized retail crime (ORC) targets omnichannel retailers in several ways, including “buy-online, pick-up-in-store” e-commerce fraud, online card fraud, return fraud, and even old-fashioned brazen shoplifting. While shoplifting is a...Readmore
Call Center Fraud - PersoKey - www.about-fraud.com

Bank Call Center Fraud: A Nasty Trend and How to Stop It!

Financial institutions spend billions protecting their assets: The people, the technologies, and the data. Yet, the attacks keep coming and the losses keep rising. Indeed, many banks and credit unions are experiencing increases in incidents of fraud, and there is one particularly sore spot: Call Centers. The problem in particular...Readmore

Infographic – Digital merchants are under fraud attack

CashShield and www.about-fraud.com created this Infographic together to show the importance of fraud protection for digital merchants. CashShield is a real time fraud prevention solution designed with big data, machine learning optimized through a self-developed financial risk management algorithm. Our unique algorithm generates optimized decisions, eliminating the need for manual...Readmore

Almundo.com rolls out Nethone fraud solution

Nethone – a global provider of AI-driven Business Intelligence and fraud solutions – announced today that Almundo.com – one of the largest and most admired travel agents in Latin America – has rolled out its cutting-edge fraud prevention system. Nethone fraud solution selected by Almundo.com leverages diverse state-of-the-art technologies, including...Readmore

New PIPL Pro Bucks Trend on Manual Review

  Search engine company signs Magento as client for tool for in-house fraud analysts By About-Fraud The people search company, PIPL, launched a business version of its search engine on February 15 for use by fraud analysts conducting manual reviews of card-not-present transactions. The new professional version, called PIPL Pro,...Readmore
Perseuss - Confronting Card Fraud in the Global Travel Industry

Confronting Card Fraud in the Global Travel Industry

During the last ten years service suppliers in the travel industry (airlines, train companies, shipping lines, online travel agents) have progressed from taking their first baby steps in online payments to a point where online transactions now represent the vast majority of all ticket purchases. This period has seen significant...Readmore