Anti-Fraud

The UK’s National Cyber Security Center (NCSC) has published new guidance for companies to follow when speaking with customers through phone calls or SMS.

Cider Security, an application security startup, has emerged from stealth with $6m in seed funding and $32m from a Series A raise.

The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now undergoing a crash. Was a failure to regulation to blame?

Online fraud prevention company SEON has launched a ‘forever free’ version of its fraud prevention platform to better help online businesses be protected.

BioCatch, the pioneer in behavioral biometrics intelligence and a global leader in digital fraud detection, has recently announced that Permira Growth Opportunities has acquired a significant minority stake in the company.

IDEX Biometrics, a global technology leader in fingerprint biometrics, has been fully certified by Mastercard, a leading multinational financial services corporation.

The European Union (EU) has recently made a significant stride in fortifying its defenses against money laundering and terrorist financing. A provisional agreement reached between the EU Council and Parliament introduces a comprehensive anti-money laundering (AML) package aimed at protecting EU citizens and the financial ecosystem.

Anti-fraud security company ThreatMetrix has raised $30m in what it describes as a mezzanine growth capital round. The funding comes from existing backer Silicon Valley Bank.

Mobile identify authentication startup Payfone has partnered with O2, a U.K.-based mobile network operator.

Australian startup ID Exchange and UK-based firm digi.me have partnered to establish a commercial RegTech sandbox facility.