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Why most account fraud strategies fail?

Voice of the Industry | Digital Identity, Security & Online Fraud | 02 Dec 2020

Srividya Sunderamurthy, Vesta, explains why it’s important to have an orchestrated fraud hub that can provide cohesive and contextualised ML-based decisioning to connect account activity (sign-up to account usage) and stop transaction fraud and improve your business overall

Srividya Sunderamurthy, Vesta, orchestrated fraud hub, transaction fraud, ML, machine learning, fintechs, FIS, merchants, payment transactions, authorisation, behavioural biometrics, accounts, bad actors

Onfido raises USD 100 mln funding round for identity standard

News | Digital Identity, Security & Online Fraud | 16 Apr 2020

Onfido has announced a new USD 100 million Series D funding round to fuel further machine learning technology development and its geographic expansion.

Onfido, funding round, identity standard, biometrics, ML, AI, bad actors, onboarding, data, monitoring, fraud

Daon provides free remote access control during the coronavirus

News | Digital Identity, Security & Online Fraud | 31 Mar 2020

Daon has announced it is helping remote workers to stay connected in a truly secure and frictionless way, by offering its solution.

Daon, remote workforce, access control, COVID-19, pandemic, coronavirus, authentication, identity, biometrics, KBA, MFA, cyberthreats, phishing, scams, bad actors, fraud, password, VPN

Arkose Labs Raises USD 22 mln for anti-fraud platform development

News | Digital Identity, Security & Online Fraud | 25 Mar 2020

Online fraud and abuse prevention startup Arkose Labs has raised USD 22 million in a Series B financing led by Microsoft’s venture fund, M12.

Arkose Labs, anti-fraud platform, revenue, financing , fraud, bad actors, account takeover, abuse, scraping, card fraud