Tag: 2023 Fraud Trends

Vesttoo confirms source of LOC fraud is external amid crisis

Vesttoo has revealed that the source of its now infamous LOC fraud scandal is external to the company. 

PULSE extends debit fraud protection deal with FICO 

US FinTech PULSE has extended its debit fraud protection deal with global analytics software provider FICO.

Vesttoo lay off 75% of staff and close multiple offices amid...

FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal. 

Understanding and combating the rising menace of chargeback fraud

Chargeback fraud, an ever-present issue affecting businesses of all kinds and sizes, results in losses totalling to billions annually. The surge in eCommerce has coincided with an increase in such fraudulent activities, and this alarming trend is expected to continue.

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