What Does Machine Learning Mean for Fraud Prevention?
Everyone in fraud prevention must have heard the term machine learning bandied about in discussions about the changing nature of their work. However, the recent
Knocking Out ATO in Fantasy Sports
Rick Skawinski, Jr. is a data analyst specializing in fraud tools at FanDuel.com, a one-day fantasy sports game website with millions of registered users that
SecuredTouch raises $8M in April
Behavioral biometrics startup SecuredTouch raised $8 million in April, in what was otherwise a dry month for fraud prevention startups. This brings SecuredTouch’s total investment to
Fraud Conference Calendar 2018
There are dozens of conferences held across the globe every year dedicated to sharing fraud prevention knowledge and solutions. To assist fraud prevention professionals and
Nearly $100M in New Fraud Funding End of March
The second half of March was an eventful month for startup funding in the fraud prevention space. Sift Science raised $53 million in a Series
Synthetic Fraud: Chasing Ghosts in the Credit System
Synthetic fraud is the fastest growing form of identity theft in the U.S., comprising 80% of all new account fraud and 20% of all credit
Merchant Fraud Losses Rise 7% in 2017
Merchants’ total fraud losses rose 7% year on year in 2017 to 4.09% of total orders received, according to the Ecommerce Fraud Index figures released
Zensed: A Fraud Solution Shaped Like Jell-O
Zensed is an anti-fraud company based in Europe with representation in Sweden, U.K. & the U.S. Its founders operate high risk payment gateways around the
American Express Invests in 2 Israeli Anti-Fraud Startups
American Express Ventures announced strategic investments in two U.S.-Israeli anti-fraud startups this week. BioCatch, a behavioral biometrics startup, closed a $30 million round of growth
3 Machine Learning Solutions Launch for Finance, Auto Loans & Groceries
Three separate machine learning fraud solutions targeting credit card issuers, auto loans and online groceries were released last week by Fiserv, PointPredictive and Ocado Technology, respectively.