Tag: Anti-Fraud
UK-based RegTech startup Detected scores £1.5m funding
Detected, a compliance API, has received £1.5m in its latest funding round, which it managed to raise in just three weeks.
Virgin Money registers under CRM for boosted anti-fraud efforts
UK bank Virgin Money has become fully registered to the Contingent Reimbursement Model Code (CRM Code), a voluntary standard aimed at anti-fraud.
UK’s FCA releases Christmas jingle to fight fraud
The UK’s Financial Conduct Authority releases a song it hopes can help protect consumers from loan fee fraud during Christmas.
Interpol arrests over 1,000 people, seizes $27m in large-scale fraud operation
A four-month long operation conducted by Interpol between June and September this year has led to the arrest of 1,003 individuals and capturing of $27m in illegal cash.
Fincom.co to ramp up online security with funding
Fincom.co, which has designed a multilingual fingerprint service, has received an investment from deep tech fund VentureIsrael and ff Venture Capital.
Notabene guiding firms with crypto compliance through fresh funding
Cryptocurrency compliance service Notabene has secured $10.2m in its Series A investment round, as it helps crypto companies meet travel rule compliance.
E-commerce fraud drops by 36% in 12 months
E-commerce fraud attacks have dropped by 36% over the past 12 months, as usage of 3-D Secure (3DS) transactions surge, research from LexisNexis® Risk Solutions claimed.
ForMotiv capitalises on 500% ARR growth with seed round close
ForMotiv, which leverages behavioural data to help insurance carriers detect fraud, has experienced a stellar 500% annual recurring revenue (ARR) growth in 2021, culminating in the close of its seed round on $6m.
Zūm Rails unveils new anti-fraud tools to strengthen payment security
Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.
OneSpan partners with BankID to improve fraud protection for Norwegian consumers
Digital banking transaction security developer OneSpan has deployed its technology into BankID to help improve customer experiences.
