online fraud

Buguroo Rakes in $11 Million Series A Funding

Buguroo Rakes in $11 Million Series A Funding

Cybersecurity firm Buguroo has announced an $11 million dollar Series A funding round that will help it to accelerate the development of its Deep Learning-based online fraud detection and prevention platforms, and allow it to focus on an expansion into the U.S. and U.K. markets, among others. The funding for the Madrid-based Buguroo was led…

TransUnion Holiday Survey Finds Nearly Half of Consumers Worried About Online Fraud

TransUnion Holiday Survey Finds Nearly Half of Consumers Worried About Online Fraud

In anticipation of an approaching holiday shopping season in which the vast majority of consumers plan to do their shopping online, American consumer credit reporting agency TransUnion has released its 2019 Holiday Retail Fraud Survey. A key finding of the survey of 2,593 American adults conducted in October by TransUnion centred around the threat of…

Thanksgiving Online Fraud Up 109 Percent Since 2014: Jumio

Thanksgiving Online Fraud Up 109 Percent Since 2014: Jumio

“2018 witnessed the largest increase in attempted ID fraud in five years and this highlights why organizations need to use more sophisticated digital identity verification solutions to take extra precaution during the online account opening process, especially during the holidays.” – Philipp Pointner, Chief Product Officer, Jumio After a bit of a lull in 2017,…