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Startup Riskified Seeks $200M To Fight eCommerce Fraud

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An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Fraud is becoming an increasingly more common problem in the eCommerce sector, and is estimated to cost merchants about $130 billion over the next five years. “At

Fraud 181
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B2B Venture Capitalists Have Their Heads In The Cloud

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This week’s B2B venture capital (VC) roundup shows investors have a spot in their portfolios for startups disrupting the enterprise cloud space, from cloud computing to storage. based Ravelin will go toward expansion plans as the fraud mitigation firm grows its staff and opens a U.S. Accrualify.

Capital 115
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HYPR Notches $18.3M In Funding For Its Authentication Software

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With new venture capital from Mastercard, Comcast, Samsung and other investors, New York-based tech startup HYPR has notched $18.3 The company sells authentication software to Mastercard, T-Mobile, Rakuten and Aetna, and the round was led by the venture capital arm of Comcast, Fortune reported. . million in funding.

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In 2019, Mobilize The Commercial Card: JPMorgan

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In September Bank of America announced that it had added mobile wallet support for a suite of commercial card products, now letting corporate card holders use Apple Pay, Google Pay and Samsung Pay. Recent Capital One research also uncovered how sluggish mobile payments adoption has been in the corporate setting. .”

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

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Mobile devices enable fast and secure access to services, many of which are solely available online. Smartphones are currently unable to store government-issued IDs like passports or drivers licenses due to the extensive cryptography necessary to prevent fraud. Governmental Mobile ID Initiatives.

Mobile 108
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Football, Fraudsters And The Voice Of Commerce

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“By adding OT’s Digital Enablement platform to our interoperable and modular platform, Nets will further increase our customers’ capabilities to seamlessly enable international mobile payment means, such as e.g. Samsung Pay for their customers. These are the guys who are not necessarily limited to just stolen credit cards or spoofed accounts.

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Is The Grass Really Greener On The Omnichannel Side?

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With the goal of not only assessing the significance of omnicommerce, but also to gauge the functionality from vendors, perspectives on security, fraud, payment ecosystem responsibilities, service delivery models and funding, more than 500 large and medium-sized merchants from various segments were approached and roughly 100 responses were gathered.

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