Tag: Digital trust

Outtake raises $40m led by ICONIQ to fight AI deception

Outtake, a digital trust platform protecting organisations from AI-driven impersonation, has raised a $40m Series B led by ICONIQ. The round was led by ICONIQ,...

Verisoul secures $8.8m to combat fake users and bots

Verisoul, a fraud prevention and digital identity platform focused on stopping fake accounts, bots and AI-driven abuse across online platforms, has secured new funding...

Why biometrics are the future of fraud prevention

Traditional authentication methods such as passwords and one-time codes are no longer strong enough to protect financial institutions against sophisticated fraud. Deloitte estimates synthetic...

Vouched secures $17m to expand AI identity verification

Vouched, an AI-powered identity and agent verification provider, has raised $17m in a Series A round led by Spring Rock Ventures.

Cybersecurity firm ShelterZoom raises $6m to hit $30m total

ShelterZoom, a cybersecurity company specialising in digital content ownership and secure document handling, has raised nearly $6m in fresh capital, bringing its total funding...

Riyad Bank teams up with Mastercard to tackle rising cyber threats

Mastercard has launched its first Cyber Resilience Center in the Middle East, located in Riyadh, Saudi Arabia.

Sift enhances fraud insights with new metrics in industry benchmark tool

Sift, a leading AI-powered fraud prevention platform, has introduced significant updates to its Fraud Industry Benchmarking Resource (FIBR), a free online tool designed to provide key fraud metrics across various industries, geographies, and timeframes.

Sift revolutionizes fraud detection with innovative ThreatClusters technology

In its most recent product update, Sift has introduced ThreatClusters, a pioneering data science innovation designed to enhance fraud detection.

AI trust deficit in advanced digital economies: Insights from Swiss Re...

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.

Memcyco bags $10m seed round to tackle brandjacking

Memcyco, a platform specialising in real-time website impersonation detection and prevention, has closed its seed round on $10m.

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