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.

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