Tag: Fraud prevention

Memcyco, a frontrunner in providing real-time digital impersonation detection and prevention solutions, has joined forces with Deloitte, a global leader in consulting, advisory, and audit services.

Riskified, a pioneering company in ecommerce fraud and risk intelligence, announced today the expansion of its Dispute Resolve platform. This enhancement comes as a timely solution for merchant teams grappling with the usual spike in chargebacks following the holiday season.

Automated Clearing House (ACH) payments are a staple in modern financial transactions, offering a quick and efficient means for businesses and consumers to move...

Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue. 

Vesta, a transaction guarantee platform, has established a partnership with Stripe, a financial infrastructure platform.

Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.

BR-DGE, a foremost payment orchestration provider, and Sift, a top player in the domain of Digital Trust & Safety, have come together in a strategic alliance.

Sift, renowned as the front-runner in Digital Trust & Safety, has declared an array of new reseller and integration alliances.

Fingerprint, the globally renowned device intelligence platform, has successfully procured $33m in a Series C funding round. The venture was spearheaded by Nexus Venture Partners and witnessed participation from Uncorrelated Ventures.

Revolut, a global financial superapp serving over 35 million customers, has significantly expanded its Financial Crime (FinCrime) division, doubling the headcount since 2021.