Tag: Online fraud
UK’s Trust & Safety titan Pasabi nets multi-million-dollar investment
Pasabi, the UK Trust & Safety platform, is primed to expand its global footprint, having successfully secured a multi-million-dollar investment.
Online payment fraud losses to exceed $343bn over next 5 years
Global online payment fraud losses are expected to exceed $343bn over the next five years, according to Juniper Research.
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.
Over three-quarters of retailers have seen fraud increase during the pandemic
A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.
Cybersecurity company NS8 closes $28m funding round led by Edison Partners
US-based e-commerce security and website performance company NS8 has closed a $28m funding round which was led by Edison Partners.
Online fraud management secures $5.5m Series A
Online fraud management platform CashShield has secured a $5.5m Series A strategic investment led by GGV Capital.