Tag: Fraud

Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.

Rapyd, a FinTech-as-a-service provider, has launched a new solution designed to protect businesses and consumers against cross-border fraud.

German regulators didn't do enough when they supervised the collapsed FinTech giant Wirecard, the EU’s securities markets regulator reports.

The problems don't seem to be over for Nigerian electronic payments provider eTranzact after it reported it incurred a loss of $306,623 in the second quarter, wiping away the recovery it had enjoyed after a 2018 fraud scandal.

The Financial Conduct Authority (FCA) is investigating more than 150 coronavirus-related scams launched since the outbreak began, according to official figures.

Four men have been arrested on charges of an invoice fraud scheme that allegedly enabled them to steal $19m from e-commerce giant Amazon.

The Bank of Ireland has been fined €1.66m ($1.95m) by the Central Bank of Ireland for misleading the institution about a security breach back in 2014.

First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.

Explorium, a data science solution powered by automated data discovery, has closed its Series B on $31m.

FICO's Siron solution has made a name for itself enabling businesses to combat money laundering and terrorist financing, which is now being used by the International Bank of Azerbaijan (IBA) in a new deal.