fraud
Auto Added by WPeMatico
Onfido raises $30M more for its AI-based identity verification technology
Malicious hackers and security breaches that have exposed personal information of millions of people have pushed the issue of online security into the spotlight, not just for individuals but for organizations that do business with them. Now a company called Onfido, which has built a way to help websites verify people’s identities using a photo-based identity document, a selfie and… Read More
Powered by WPeMatico
Phone fraud detection service Next Caller raises $5 million
Fraud detection is a huge problem for retailers and the banking industry. But as companies fortify their defenses against fraudsters, the criminal element finds new weaknesses to exploit. The latest tactic has been phone spoofing, and fraud at the call center itself. Helping to ward off the latest wave of fake accounts is Next Caller, a Y Combinator-backed startup based in New York. Read More
Powered by WPeMatico
Google gets better at flagging apps trying to fake their way into the Play Store’s top charts
Google today announced it’s rolling out a new detection and filtering system on the Play Store to crack down on those developers who use illegitimate means to boost their apps’ rankings in the store’s top charts. This will affect apps that use methods like fraudulent installs, fake reviews, and incentivized ratings, the company noted. While Google already had technology it… Read More
Powered by WPeMatico
Final is a plaster on the gaping wound that is U.S. credit card security
Credit card fraud is a big problem, with an increasing number of companies launching products to patch the problems. The most recent example is Final, which today announced it is shipping its first consumer product: disposable credit card numbers. That’s lovely, but in doing so, it serves predominantly as an example of a company fixing a serious problem from the wrong side of the fence. Read More
Powered by WPeMatico
There Is Real Fraud In The Underground Market For In-Game Virtual Goods
The recent announcement from Activision Blizzard to acquire King Digital Entertainment, maker of the hit game Candy Crush, for a staggering $5.9 billion is an acknowledgement of the promising (and profitable) future of mobile games. The global gaming market is projected to reach $91.5 billion in 2015. While PC and console games are still mainstream, mobile is the fastest growing segment… Read More
Powered by WPeMatico