Valentine’s Day is the holiday of love for couples. For most singles, it is an annual reminder of the need to find a significant other. That is why the holiday is an ideal time to discuss dating site scams that seek to entrap and extract money in a variety of ways from lonely singles willing […]
By Ronen Shnidman SEON is a Europe-based fraud prevention startup headquartered in Budapest that is focused on serving merchants of all sizes. The company was co-founded in 2015 by two bitcoin enthusiasts, Tamas Kadar and Bence Jendruszak, who were originally focused on the high level of fraud affecting a bitcoin exchange. They have expanded the […]
By 2021, there will be 378 million online shoppers in Europe and the global e-commerce market is expected to grow on average 21% per year until it reaches $4 trillion by 2020. In recent years, the cost of fraud for merchants grew as well, tripling to 1.5% in 2016 from 0.5% of revenue in 2013, […]
Fraud solution vendor Riskified announced that it closed a $33 million round of funding coming on the second day of Money 20/20 Europe. Groupe Arnault, which owns luxury goods conglomerate LVMH, and Capital One Financial Corp’s venture arm joined as new investors during the round. The new growth stage funding brought Riskified’s total funding to […]
