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American Express Invests in 2 Israeli Anti-Fraud Startups
American Express Ventures announced strategic investments in two U.S.-Israeli anti-fraud startups this week. BioCatch, a behavioral biometrics startup, closed a $30 million round of growth funding that was led by Maverick Ventures. Other round investors included not only American Express Ventures but also NexStar Partners, Kreos Capital and OurCrowd, among others. The...
Signifyd, ACI Worldwide launch partner solutions for Magento, airlines
Fraud prevention vendor Signifyd announced this week a strategic partnership with Corra, a digital agency serving primarily fashion, beauty and lifestyle brands retailers on the Magento Commerce platform. The partnership is expected to help Signifyd expand its growing list of merchant clients on Magento, particularly among high-end retailers likely to see significant...
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 2017 and...
How To Transform Authentication & Trust
Webinar Connections allows our community to seamlessly connect with educational webinars hosted by Fraud Solution Providers. It's another step in helping our users understand what fraud solutions are the best fit for their fraud problems. In our first installment, we feature a thought leadership webinar hosted by NuData Security, "How to Transform...
About-Fraud.com Launches with Refined Strategy, Unique Value
about-fraud.dream.press is a website created in, March of 2017. Following a revamped launch in August, about-fraud.dream.press is publishing this interview with the co-founders to explain their motives for creating and operating the site. Below are Ronald Praetsch, PJ Rohall and Ronen Shnidman’s answers to those questions and a look ahead at how...
Biometric Authentication: the How and Why
Biometric authentication for fraud prevention has been developing at light speed these past few years, with many new solutions reaching the market. For those seeking to better comprehend the new possibilities afforded by biometrics, Nu Data Security in conjunction with the Aite Group compiled a custom report on the market for biometric...
Digital merchants are under fraud attack
CashShield and www.about-fraud.dream.press 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 reviews and...
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 top-grade Machine...
New PIPL Pro Bucks Trend on Manual Review
Search engine company signs Magento as client for tool for in-house fraud analysts. 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, allows business users to look up...
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