Latest release broadens Veeam’s leadership in Kubernetes-native data protection by extending to modern virtualization platforms such as Red Hat OpenShift Veeam Kasten named a clear Leader and Outperformer for the fifth time in the GigaOm Radar for Kubernetes Protection February 27, 2025 09:26 AM Eastern Standard Time SEATTLE–(BUSINESS WIRE)–Veeam® Software, the #1 leader by market share […]| Merchant Fraud Journal
NEW YORK–(BUSINESS WIRE)–PDX Global, a digital banking and payments developer for the crypto economy, announces its PDX Beam payments application suite, available for download from the Apple App Store and Google Play. Additionally, PDX Beam is now being integrated into the Clover payments processing network. This will allow the 800,000 retailers and restaurants on the Clover […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–Sardine, the leading AI risk platform for fraud, compliance, and credit underwriting, announced a $70 million Series C funding round, bringing the total capital raised to $145 million. The round was led by Activant Capital, with participation from new and existing investors including Andreessen Horowitz, Nyca Partners, Google Ventures, Geodesic Capital, Cross Creek […]| Merchant Fraud Journal
LONDON–(BUSINESS WIRE)–Swap, the e-commerce operating system (OS) that consolidates global operations within one platform for e-commerce brands, today announced a strategic partnership with Signifyd, a leader in fraud and abuse prevention. Swap and Signifyd will work together to deliver the most secure cross-border platform on the market. By integrating Signifyd’s Commerce Protection Platform with Swap Global, […]| Merchant Fraud Journal
CINCINNATI & LONDON–(BUSINESS WIRE)–Worldpay®, a global industry leader in payments technology and solutions, today announced it has entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform headquartered in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of value-added solutions and enable merchants of all sizes to grow […]| Merchant Fraud Journal
INCLINE VILLAGE, Nev., Feb. 3, 2025 /PRNewswire/ — Socure, the leading AI-driven platform for digital identity verification, fraud prevention, and sanctions screening, achieved unparalleled growth and performance in 2024. Amid an era of increasing threats from AI-based deepfakes, injection attacks, and automated bot fraud, Socure not only met the challenge but outpaced the industry, delivering solutions that continuously improved while competitors […]| Merchant Fraud Journal
LOS ANGELES–(BUSINESS WIRE)–NVISIONx, a leader in Data Security Posture Management (DSPM), announces the launch of Nx+RexAI, a new solution designed to tackle the evolving challenges of data governance, regulatory compliance, and data security. While the DSPM market has continued to rely on legacy privacy-based classifications that lack actionable insights, preventing cyber leaders from effectively implementing […]| Merchant Fraud Journal
SEATTLE–(BUSINESS WIRE)–Half of businesses reported a growth in deepfake and AI-generated fraud, alongside rising biometric spoofs and counterfeit ID fraud attempts, according to the 2025 State of Identity Fraud Report, released today by AuthenticID, a global leader in identity verification and fraud prevention solutions. With identity fraud skyrocketing globally, the report offers a pulse check for […]| Merchant Fraud Journal
BURLINGTON, Mass.–(BUSINESS WIRE)–N-able, Inc. (NYSE: NABL), a global software company helping IT professionals deliver security, data protection as-a-service, and remote monitoring and management solutions, today announced the launch of the N-able Developer Portal. The AI-powered portal accelerates API integrations with the N-able end-to-end IT management and cybersecurity platform—automating development tasks and the ability to create […]| Merchant Fraud Journal
BURBANK, Calif., Jan. 28, 2025 /PRNewswire/ — Zest AI, the leader in AI lending technology, today announced a partnership with MeridianLink ®, (NYSE: MLNK), a leading provider of modern software platforms for financial institutions. This strategic collaboration gives MeridianLink’s 2,000+ customers access to Zest Protect, Zest AI’s smarter, configurable, and seamless AI-powered fraud detection tool, to allow for more accurate and quicker identification […]| Merchant Fraud Journal
SEATTLE–(BUSINESS WIRE)–Hiya, the global leader in voice intelligence services, has introduced Hiya AI Phone, an AI call assistant mobile app. Designed for busy professionals, Hiya AI Phone acts like a personal assistant, saving time by screening unwanted phone calls, safeguarding against phone scams, and taking notes during calls to ensure seamless follow-up. “Hiya AI Phone represents […]| Merchant Fraud Journal
NEW YORK–(BUSINESS WIRE)–Deep Instinct, the zero-day data security company built on the first and only AI-based deep learning framework for cybersecurity, today announced the launch of DSX for Cloud – Amazon FSx NetApp, delivering real-time prevention and explainability of zero-day attacks for NetApp workloads, wherever they reside. “Cybercriminals are increasingly leveraging AI to create and deploy […]| Merchant Fraud Journal
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–SentinelOne® (NYSE: S) today announced another first when it comes to generative AI and cybersecurity – the company’s award winning Purple AI security analyst can now be used with data from a growing list of the most popular third-party security offerings. Initial products supported include the Zscaler Zero Trust Exchange™ platform, Palo Alto Networks Firewall, […]| Merchant Fraud Journal
CUPERTINO, Calif.–(BUSINESS WIRE)–Cyble, a global leader in cybersecurity solutions, has been named among notable vendors in the Q1 2025 Forrester report on Extended Threat Intelligence Service Providers (ETISPs). For Cyble, this recognition underscores its innovation and leadership in delivering actionable threat intelligence that empowers organizations to stay ahead of evolving cyber threats. “This recognition underscores our […]| Merchant Fraud Journal
PLANO, Texas–(BUSINESS WIRE)–Chargeback Gurus, a leader in chargeback management solutions, has enhanced its solution offering with the launch of Enhanced Analytics and Enhanced Smart Prevention Alerts™. These solutions empower businesses with advanced tools for data-driven decision-making and proactive chargeback prevention, reinforcing Chargeback Gurus’ commitment to innovation and client success. “Innovative technology is the backbone of […]| Merchant Fraud Journal
NEW YORK–(BUSINESS WIRE)–Riskified (NYSE:RSKD), a leader in ecommerce fraud and risk intelligence, and Appriss Retail, a top provider of return and claim authorization solutions, are excited to announce a groundbreaking partnership set to transform the retail landscape. This innovative collaboration aims to address the growing challenges of omnichannel fraud and abuse by integrating comprehensive data on […]| Merchant Fraud Journal
62% of businesses cite generative AI as a key driver behind the surge in invoice fraud 7 out of 10 organizations were victims of fraud in 2024 90% lack experience in fraud prevention teams The perfect storm of challenges: new survey identifies company exposure to invoice fraud and lack of protection measures, causing global losses of $485bn CHARLOTTE, N.C., Dec. 18, 2024 /PRNewswire/ — Two-thirds […]| Merchant Fraud Journal
AUSTIN, Texas–(BUSINESS WIRE)–According to the 2024 State of AI in Cybersecurity Survey from CrowdStrike (NASDAQ: CRWD), 80% of security leaders prefer platform-based GenAI tools over point products and applications, highlighting the growing demand for integrated technologies that enhance efficiency and effectiveness across security operations. “GenAI is already revolutionizing cybersecurity and has the potential to do even more. The 2024 […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–WooCommerce, the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a leading pay-over-time provider. This builds on the companies’ decade-long partnership and will make Affirm a default payment option for merchants using WooPayments. Soon, merchants using WooCommerce’s integrated payment solution, WooPayments, will be able […]| Merchant Fraud Journal
/PRNewswire/ — Justt, a leader in AI-powered chargeback mitigation, today announced major platform upgrades to significantly streamline global chargeback management for merchants. The new release introduces centralized chargeback approval and multilingual dispute management, empowering businesses to navigate global chargebacks with greater efficiency and control. “We are fundamentally changing how merchants manage chargebacks,” said Ofir Tahor, CEO of […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–Visa’s critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year.1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by […]| Merchant Fraud Journal
HERNDON, Va.–(BUSINESS WIRE)–Vercara, a leading provider of cloud-based services that secure the online experience, today announced the results of its second-annual Consumer Trust & Risk Report. The survey found that breaches in 2024 had less impact on consumers’ trust in brands compared to the previous year (a 6.5% decrease from 62% in 2023 to 58% in […]| Merchant Fraud Journal
SUNNYVALE, Calif.–(BUSINESS WIRE)–Stairwell, a data search based cybersecurity platform, announces the launch of Stairwell Core, which enables organizations to privately collect, store, and continuously reassess executable files so they can confidently determine if malware has affected their systems. Core offers customers an accessible entry point into the Stairwell ecosystem, giving users high-confidence results that reduce […]| Merchant Fraud Journal
IRVINE, Calif.–(BUSINESS WIRE)–Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease return and claim fraud and abuse, and provide a more seamless consumer experience, today introduced SecureGPT, a powerful new feature inside its Secure exception-based reporting (EBR) platform that now adds a retail-centric natural language search capability. SecureGPT […]| Merchant Fraud Journal
CAMPBELL, Calif.–(BUSINESS WIRE)–8×8, Inc. (NASDAQ: EGHT), the industry’s most integrated Platform for CX that combines Contact Center, Unified Communication, and CPaaS APIs, today announced a partnership with Descope. As the exclusive Asia Pacific partner for Descope, 8×8® will seamlessly integrate Descope’s drag-and-drop customer identity and access management (CIAM) platform with 8×8’s CPaaS APIs. This integration enables organizations […]| Merchant Fraud Journal
Combatting the rising tide of digital identity fraud fueled by GenAI, Mitek’s Digital Fraud Defender equips financial institutions and enterprises with advanced capabilities to detect deepfakes, injection attacks, and template attacks as part of the Mitek Verified Identity Platform® (MiVIP). Play Video Chris Briggs, Chief Products Officer and Adam Bacia, Product Marketing Director, of Mitek […]| Merchant Fraud Journal
BUCHAREST, Romania and SANTA CLARA, Calif.–(BUSINESS WIRE)–Bitdefender, a global cybersecurity leader, today announced enhancements to its GravityZone XDR platform with the addition of its new Business Applications sensor, designed to protect corporate data hosted and stored in cloud-based productivity and collaboration applications. The sensor will initially support Atlassian cloud applications including Confluence, Jira, and Bitbucket, with plans […]| Merchant Fraud Journal
MADRID–(BUSINESS WIRE)–Veridas, a global leader in identity verification and biometric solutions, today announced the availability of its Identity Verification (IDV) platform on Google Cloud Marketplace, empowering organizations across the Google Cloud ecosystem with its advanced fraud protection solutions. “Veridas can now securely scale and support customers on their digital transformation journeys.” Post this As of 2024, […]| Merchant Fraud Journal
SAN JOSE, Calif.–(BUSINESS WIRE)–Consumers’ record-breaking Cyber Five buying spree drove online sales for the crucial five-day period up 6% in the U.S. over the same period last year, a positive sign for the remainder of the holiday shopping season, data from commerce protection provider Signifyd shows. Consumers’ record-breaking Cyber Five buying spree drove online sales […]| Merchant Fraud Journal
INNSBRUCK, Austria, Dec. 2, 2024 /PRNewswire/ — With online shopping at an all-time high, consumers face increasing threats from sophisticated fake websites designed to scam users. Besides the critical threat of data theft, an equally concerning risk is the potential to make purchases under the pretence of genuine transactions, only to find that ordered goods are never delivered. […]| Merchant Fraud Journal
TAMPA BAY, Fla., Nov. 27, 2024 /PRNewswire/ — KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, today released its top five cybersecurity tips to help protect users against emerging scams during the 2024 holiday season. Holiday shoppers face increasing risks as cybercriminals ramp up their seasonal scams, costing billions of dollars each year. According […]| Merchant Fraud Journal
HOBOKEN, N.J.–(BUSINESS WIRE)–NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that TF Bank, Sweden, has chosen NICE Actimize AML Essentials, a cloud-based offering of end-to-end anti-money laundering (AML) solutions, to elevate the digital bank’s financial crime prevention program. The AI-driven AML solutions include Transaction Monitoring, Customer Due Diligence, and Screening. TF Bank is a digital bank […]| Merchant Fraud Journal
MIAMI–(BUSINESS WIRE)–As Black Friday and Cyber Monday approach, online businesses are gearing up for peak sales – and the heightened risk of fraud that comes with it. Delivering the gift of essential tools and insights to outsmart fraudsters this holiday season, global business intelligence and risk prevention provider, ClearSale (http://clear.sale), is proud to announce its 5 […]| Merchant Fraud Journal
NEW YORK, Nov. 20, 2024 /PRNewswire/ — BioCatch today announced the launch of the BioCatch Trust™ Network, the world’s first inter-bank, behavior-based, financial crime intelligence-sharing network. The BioCatch Trust™ Network initiative protects member bank customers against financial crime, scams, and fraud by assessing in real time the trustworthiness of the accounts to which they direct their transfers and payments. […]| Merchant Fraud Journal
NEW YORK, Nov. 13, 2024 /PRNewswire/ — New research released today shows North American financial institutions fielded 10 times more reports of social engineering scams in 2024 than they did a year ago. The data shows scams now represent 23% of all digital banking fraud. BioCatch – the global leader in digital fraud detection and financial crime prevention powered by […]| Merchant Fraud Journal
CARY, N.C., Nov. 15, 2024 /PRNewswire/ — Among the 13,500 people surveyed for SAS’ 2023 Faces of Fraud consumer fraud study, 7 in 10 reported falling victim to fraud at least once. Nearly 40% of the 16-country survey’s respondents reported two or more fraud experiences. To counter rampant AI-fueled scams, data and AI leader SAS again allies with the Association of Certified Fraud Examiners (ACFE) and hundreds of […]| Merchant Fraud Journal
ANNAPOLIS, Md.–(BUSINESS WIRE)–The Accredited Standards Committee X9 Inc. (X9) today announced that it has published a Cloud Management and Security standard. The new standard, X9.125, specifies the minimum management and security requirements for the effective use of cloud computing in a financial services environment. The standard is now available from ANSI for download. “For the better […]| Merchant Fraud Journal
AUSTIN, Texas & AMSTERDAM–(BUSINESS WIRE)–Fal.Con Europe – CrowdStrike (NASDAQ: CRWD) today launched CrowdStrike AI Red Team Services, reinforcing its leadership in protecting the infrastructure, systems and models driving the AI revolution. Leveraging CrowdStrike’s word-class threat intelligence and elite-expertise in real-world adversary tactics, these specialized services proactively identify and help mitigate vulnerabilities in AI systems, including Large Language Models […]| Merchant Fraud Journal
PLEASANTON, Calif.–(BUSINESS WIRE)–Global branded payments provider, Blackhawk Network (BHN) has partnered with Visa Inc. and Mastercard to bring the speed, convenience and security of an eGift into physical retail stores with the launch of Visa® eGift and Mastercard® eGift. The patented, tamper-evident gift carrier does not have a card inside. Rather, once the eGift is activated at purchase, consumers use a mobile device […]| Merchant Fraud Journal
SANTA CLARA, Calif.–(BUSINESS WIRE)–Cequence Security, a pioneer in API security and bot management, announced today that it has achieved Amazon Web Services (AWS) Retail Competency status. This designation highlights Cequence’s proven ability to meet AWS’s rigorous standards for delivering cutting-edge solutions to AWS Retail customers. “Cequence is proud to achieve AWS Retail Competency status” Post […]| Merchant Fraud Journal
RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P Global Market Intelligence, Discover Global Network surveyed thousands of decision-makers across fintechs, […]| Merchant Fraud Journal
CINCINNATI–(BUSINESS WIRE)–Worldpay® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay’s flagship fraud detection and prevention solution, FraudSight™, will automatically receive the benefits when accepting a payment made using a card issued by Capital One. Strengthened […]| Merchant Fraud Journal
BUCHAREST, Romania & SANTA CLARA, Calif.–(BUSINESS WIRE)–Bitdefender, a global cybersecurity leader, today announced the launch of Scam Copilot, an advanced technology platform powered by artificial intelligence (AI) and designed to detect and fight scams along with fraud attempts across devices including computers, tablets, and mobile phones. The platform has been integrated into several Bitdefender digital life protection consumer […]| Merchant Fraud Journal
BELLEVUE, Wash.–(BUSINESS WIRE)–CoreStack, a global leader in multi-cloud governance, is pleased to announce its strategic partnership with ConRes IT Solutions. Together, the companies have launched ConRes Insights, a comprehensive cloud optimization service that utilizes CoreStack’s cutting-edge platform to provide in-depth analysis and actionable insights across Azure, AWS, and Google Cloud environments. The combined solution is […]| Merchant Fraud Journal
HOUSTON–(BUSINESS WIRE)–Graylog, a leader in Threat Detection, Investigation, and Response (TDIR), today unveiled significant security advancements to drive smarter, faster, and more cost-efficient security operations. The company’s latest capabilities include advanced data routing, asset-based risk scoring, and AI-generated investigation reports. “A challenge with SIEMs has been the need to bring in all the data from […]| Merchant Fraud Journal
JERSEY CITY, N.J., Oct. 15, 2024 /PRNewswire/ — Data Zoo, a global leader in identity verification data, announces the launch of its latest service, ID Fraud & Risk Signals. This new solution is designed to enhance customer identification and Know Your Customer (KYC) processes by providing deeper insights into fraud detection and risk assessment, helping businesses stay at the forefront of […]| Merchant Fraud Journal
SAN JOSE, Calif.–(BUSINESS WIRE)–Consumers are displaying a dramatic determination to get more for their money this holiday season by relying more heavily on discounts and trading down for lower-priced items, according to early seasonal data from commerce protection provider Signifyd. U.S. ecommerce sales for the first two weeks of October were up 3% over a […]| Merchant Fraud Journal
Qualys, Inc. (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, today announced the launch of the industry’s first Risk Operations Center (ROC) with Enterprise TruRisk Management (ETM) at the Qualys Security Conference. The solution enables CISOs and business leaders to manage cybersecurity risks in real time, transforming fragmented, siloed data into actionable insights that […]| Merchant Fraud Journal
BOSTON, Oct. 9, 2024 /PRNewswire/ — Recorded Future, the world’s largest threat intelligence company, today announced new industry-first ransomware detection capabilities to proactively address threats across the entire attack lifecycle. These capabilities provide real-time visibility into the most pressing and unique risks facing organizations, including ransomware group operations and targeted victims within their specific ecosystems. Powered by Recorded […]| Merchant Fraud Journal
Partnership Reduces Malicious Ads and Enhances Security, Improving Ad Quality for Publishers and Advertisers Across the Digital Ecosystem HOUSTON, Oct. 8, 2024 /PRNewswire/ — Colossus Media LLC (“Colossus SSP”), a subsidiary of the only Black-owned publicly traded advertising technology company, Direct Digital Holdings (DDH), announced today it has partnered with Confiant, a leader in cybersecurity for digital advertising, to combat criminal […]| Merchant Fraud Journal
SEATTLE–(BUSINESS WIRE)–AuthenticID, a global leader in identity verification and fraud prevention solutions, announced the release of Velocity Checks, a new tool that integrates with its comprehensive identity verification and fraud prevention platform. The solution leverages biometric and document analysis to detect multiple identities for fraudulent activities in real-time. “Bad actors are constantly changing their tactics” […]| Merchant Fraud Journal
REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a global provider of highly configurable banking and payment solutions, has released a new survey highlighting critical insights into consumers’ experiences and expectations regarding credit card fraud. The survey, conducted in collaboration with PYMNTS, reveals consumers’ widespread concerns about fraud and the pivotal role they expect their banks to play […]| Merchant Fraud Journal
PHOENIX–(BUSINESS WIRE)–Edgio, the platform of choice for security, speed and simplicity at the edge, today announced new security features aimed at giving customers robust controls to secure APIs and mitigate the risks of automated attacks. Edgio’s API security solution is enhanced by the addition of JSON Web Token (JWT) authentication to secure customers’ API endpoints, […]| Merchant Fraud Journal
TEL AVIV, Israel & NEW YORK–(BUSINESS WIRE)–Team8 today released its 2024 CISO Village Survey Report. The report is based on a survey taken at Team8’s annual CISO Summit, which was attended by cybersecurity executives from some of the world’s leading companies, including Oracle, Barclays, SolarWinds, SentinelOne and Anthropic. Its findings shed light on the emerging cybersecurity […]| Merchant Fraud Journal
SANTA CLARA, Calif.–(BUSINESS WIRE)–Cequence, a pioneer in API security and bot management, today released alarming new data revealing a 96% surge in attack traffic targeting retailers during the Labor Day weekend. “Our research makes it clear that retailers are prime targets for cybercriminals, making immediate action not just important, but imperative” Post this Developed by […]| Merchant Fraud Journal
SEATTLE–(BUSINESS WIRE)–Absolute Security, a global leader in enterprise cyber resilience, today announced availability of AI Threat Insights. This new AI-powered threat detection capability is now available through the Absolute Secure Access Security Service Edge (SSE) offering. With the AI Threat Insights module activated, customers using Absolute to continuously monitor all network traffic across PC fleets […]| Merchant Fraud Journal
MIRAMAR, Fla.–(BUSINESS WIRE)–Cyolo today announced Cyolo PRO (Privileged Remote Operations) with Intelligent Supervision for Operational Technology (OT), a first-in-the-market, groundbreaking Artificial Intelligence (AI)-powered supervision capability that simplifies the oversight process while enhancing security and operational efficiency in critical environments. This new enhancement exemplifies Cyolo’s commitment to providing organizations with better security, operational agilit...| Merchant Fraud Journal
AUSTIN, Texas–(BUSINESS WIRE)–Fal.Con 2024–CrowdStrike (NASDAQ: CRWD) today announced the launch of its second annual Cybersecurity Startup Accelerator with Amazon Web Services (AWS). NVIDIA also joins in supporting the Accelerator program, powering the next generation of artificial intelligence (AI) and cloud security startups. Targeting cybersecurity’s next market-defining disruptors across the U.S. and EMEA, AWS and CrowdStrike with […]| Merchant Fraud Journal
Criminal rings are ramping up their use of bot attacks. Fraud rings and fraud fighters alike are turning to artificial intelligence to achieve their goals. While bot-driven fraud attacks on ecommerce sites have come in waves, the year-over-year trend by month is upward. (Graphic: Business Wire) September 12, 2024 09:00 AM Eastern Daylight Time SAN […]| Merchant Fraud Journal
WASHINGTON–(BUSINESS WIRE)–Actifai, a leader in artificial intelligence solutions for broadband and communications providers, today announced that RFNOW Inc., an independent internet service provider based in Virden, Manitoba, has chosen Actifai’s AI-powered ‘Digital’ solution to enhance its online shopping experience. RFNOW’s decision to implement Actifai’s technology aligns with the company’s ongoing growth and commitment to delivering high-speed internet and […]| Merchant Fraud Journal
AUSTIN, Texas–(BUSINESS WIRE)–Software Advice’s 2024 Digital Accessibility Survey of over 2,500 ecommerce professionals shows 55% of companies worldwide recognize they must prioritize the needs of people with disabilities by instituting accessible website features but compliance is lacking. “Companies who dedicate themselves to doing the legwork, planning ahead and recognize accessibility is a lifestyle, not a product, […]| Merchant Fraud Journal
SAN JOSE, Calif.–(BUSINESS WIRE)–Online shoppers will continue to defy the vibecession in the coming holiday season by spending more than last year during the crucial Cyber Five period and during the fourth quarter overall, according to the Holiday Ecommerce Pulse projection released today by commerce protection provider Signifyd. Consumers continue to trade down for cheaper […]| Merchant Fraud Journal
KANSAS CITY, Mo., Sept. 10, 2024 /PRNewswire/ — Foresite Cybersecurity Inc., a leading provider of advanced cybersecurity solutions, has announced a collaboration with Google Cloud to empower organizations with a comprehensive and future-proof security posture. This alliance combines Foresite’s industry-leading ProVision with Google Cloud’s intelligence-drive and AI-powered platform, Google Security Operations. Addressing the Evolving Threat Landscape Foresite […]| Merchant Fraud Journal
AUSTIN, Texas, Sept. 10, 2024 /PRNewswire/ — Command Zero published a research report highlighting the top challenges in cyber investigations, along with recommendations for security operations leaders. The interview-based report revealed that 88% of security leaders expressed concerns about operational issues related to the lack of skilled staff and high attrition rates. 92% of respondents reported a […]| Merchant Fraud Journal
SANTA CLARA, Calif.–(BUSINESS WIRE)–Cequence, a pioneer in API security and bot management, today announced a new partnership with Netskope, a leader in secure access service edge (SASE). Through the partnership, Netskope customers can now leverage unique API threat intelligence from the Cequence Unified API Protection (UAP) platform to unlock insights into real-world threats and ultimately strengthen organizational […]| Merchant Fraud Journal
ALLENTOWN, Pa.–(BUSINESS WIRE)–Most businesses today rely on vendors and suppliers for many reasons – be it to manufacture goods before they’re shipped to customers or to perform certain services that will help the business maintain operations. Regardless, vendors and suppliers are a critical part of the operational flow of businesses. But as Creditsafe’s Battling Vendor Fraud […]| Merchant Fraud Journal
NEW YORK, Aug. 21, 2024 /PRNewswire/ — Bark.com , the world’s fastest-growing online marketplace for professional services, announced a 50% increase in chargeback recovery revenue and a 31% improvement in the win rate of chargeback contestment cases, after partnering with Justt , a fintech leader in AI-driven chargeback mitigation. Operating in over 1,500 categories and processing millions of transactions daily, Bark.com […]| Merchant Fraud Journal
SAN JOSE, Calif., Aug. 29, 2024 /PRNewswire/ — PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an expansion of its global strategic partnership with Fiserv, Inc.. (NYSE: FI) which will streamline how merchant clients of Fiserv enable PayPal experiences for their customers. Building on a longstanding partnership between the two companies covering several products and services and millions of businesses, the expanded relationship simplifies how […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today released the results of its new survey, “Bot Wars: How Bad Bots are Hurting Businesses,” which revealed 59% of IT professionals reported an increase in bot attacks over the past year, with significant incidents costing companies an average of $2.9 million. “Bot […]| Merchant Fraud Journal
SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, a market-leading expense reporting and analytics suite. By integrating detailed transactional data […]| Merchant Fraud Journal
NEW YORK & SYDNEY–(BUSINESS WIRE)–Kasada, the pioneers transcending bot management by countering the human minds behind automated threats, today released its 2024 State of Bot Mitigation Report revealing that 98% of organizations attacked by bots in the past year lost revenue as a result. Web scraping (web crawling) is a major threat followed closely by account fraud, […]| Merchant Fraud Journal
PALM BEACH GARDENS, Fla. & LONDON–(BUSINESS WIRE)–Drawbridge, the premier provider of cybersecurity solutions to the alternative investment industry, announced the release of its next generation cyber risk assessment service. Provided as a suite of modules, the solution combines a unique set of analytics with Drawbridge’s award-winning client service. Clients can now benchmark and score their […]| Merchant Fraud Journal
TEL AVIV, Israel, Wilmington, DE, August 21, 2024—Chargeflow, the pioneering chargeback platform tailored exclusively for online businesses, today announced the release of Chargeflow Insights. Available now for free, Chargeflow Insights integrates critical elements, allowing businesses to dive deeply into their data and find actionable insights, which also includes fraud detection and chargeback management at scale, […]| Merchant Fraud Journal
MIAMI–(BUSINESS WIRE)–Global business intelligence and risk prevention provider, ClearSale (http://clear.sale), has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today’s digital retail landscape. The newly launched suite, dubbed “Preventative Intel,” introduces three powerful solutions: Instant Decision, Automatic Decision, and Complete Decision. These tools are available now, offering a comprehensive […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions. These features use Generative AI (GenAI) and machine learning (ML) to help banks, credit unions, payments companies, and fintechs proactively detect and […]| Merchant Fraud Journal
DALLAS , Aug. 15, 2024 /PRNewswire/ — Today marks a pivotal moment in the field of AI with the launch of DataMantis, a visionary AI venture poised to redefine how businesses leverage artificial intelligence. Founded by tech visionaries Suresh Dakshina and Srii Srinivasan, the innovative duo behind their last successful venture Chargeback Gurus, DataMantis embodies their relentless pursuit of […]| Merchant Fraud Journal
COSTA MESA, Calif.–(BUSINESS WIRE)–Experian® — the global data and technology company — announced today that it has acquired NeuroID, an industry leader in behavioral analytics. NeuroID’s modern and frictionless capabilities amplify Experian’s fraud risk suite by providing a new layer of insight into digital behavioral signals and analytics observed for both new and returning users throughout the […]| Merchant Fraud Journal
99% of respondents’ companies have experienced some type of returns fraud or policy abuse in the past 12 months COLUMBUS, Ohio–(BUSINESS WIRE)–Loop, the leading return management platform, announced today the launch of its latest returns industry data report. The results from the survey provide insights into how retailers feel about the escalation of returns fraud […]| Merchant Fraud Journal
LOS ANGELES–(BUSINESS WIRE)–Telesign today announced the launch of Trust Alliance, a group of global digital trust leaders who will share insights and best practices that any organization can use to bolster their fraud protections and maintain trust with their customers and other important stakeholders. Trust Alliance brings together experts in cybersecurity, digital identity, and product development […]| Merchant Fraud Journal
ARLINGTON, Va., Aug. 6, 2024 /PRNewswire/ — Despite the decline in check volume, 90% of U.S. banks surveyed said check fraud is ballooning, according to a new survey released today by fintech IntraFi. The survey, which included responses from 471 banks, found that more than a quarter of banks experienced a 50% or higher increase in check fraud over the past three […]| Merchant Fraud Journal
LAS VEGAS–(BUSINESS WIRE)–BLACK HAT 2024 – G2, the world’s largest and most trusted software marketplace, has teamed up with SecurityScorecard, the global leader in security ratings. Through this partnership, SecurityScorecard cybersecurity ratings will be featured directly in G2 product profiles – providing B2B software buyers with a simple A-F letter grade measuring a vendor’s security posture. “Our […]| Merchant Fraud Journal
MINEOLA, N.Y.–(BUSINESS WIRE)–RevBits announced that it won the 2024 Fortress Cybersecurity Award for Endpoint Detection for RevBits Endpoint Security & EDR and as a recognized finalist in Identity Access & Management for RevBits Privileged Access Management. The Fortress Cybersecurity Award, administered through The Business Intelligence Group, seeks to identify and reward the world’s leading companies […]| Merchant Fraud Journal
NEW YORK, July 30, 2024 /PRNewswire/ — DataDome, a leading AI-powered cyberfraud platform, is proud to announce that it is returning to Black Hat USA 2024. This year, DataDome will offer demos of its latest cutting-edge innovations, including Discover, a powerful and free tool designed to eliminate security blind spots. Seamlessly integrated into the DataDome dashboard, Discover allows customers to initiate a […]| Merchant Fraud Journal
BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–Transmit Security, the inventor of identity orchestration and the first to market with identity-security that fuses customer identity management and fraud prevention, today announced the release of a new in-depth report, “The GenAI-Fueled Threat Landscape: A Dark Web Report by the Transmit Security Research Lab.” “As we reviewed the evidence […]| Merchant Fraud Journal
PHILADELPHIA–(BUSINESS WIRE)–Comcast Business today announced it has been recognized as a leader in Managed Software Defined Wide Area Network (SD-WAN) Services and Software Defined Network (SDN) Transformation Services by Information Services Group (ISG), a leading global technology research and advisory firm, in its 2024 ISG Provider Lens™ Network – Software Defined Solutions and Services U.S. report. “This […]| Merchant Fraud Journal
Google working with Vijil to deliver trustworthy AI agents to enterprises MENLO PARK, Calif., July 24, 2024 /PRNewswire/ — Vijil emerged from stealth today with $6 million in funding from Mayfield’s AIStart seed fund and Gradient Ventures, Google’s AI-focused seed fund. Along with funding, Vijil announced cloud services for building generative AI agents with reliability, security, and safety by design. Using […]| Merchant Fraud Journal
ATLANTA, July 23, 2024 /PRNewswire/ — IDology, a GBG Company, today announced GBG Trust, a data attribute monitoring solution that bolsters KYC checks by tracking repeat instances, anomalies and combinations of data across the company’s extensive network in the United States. GBG Trust provides a holistic view of evolving fraud trends and empowers enterprises to make more informed, transparent decisions that […]| Merchant Fraud Journal
AUSTIN, Texas–(BUSINESS WIRE)–Forcepoint, a global leader in data-first cybersecurity solutions, unveils its comprehensive GenAI Security solution, offering visibility, control, and risk-based data protection across generative AI platforms, including integration with OpenAI’s ChatGPT Enterprise Compliance API. “Integrating GenAI tools into daily workflow enhances productivity and growth. However, depending on what type of data users input into […]| Merchant Fraud Journal
BOSTON–(BUSINESS WIRE)–Lookout, Inc., the data-centric cloud security company, today announced it has been named a leader in The Forrester Wave™: Mobile Threat Defense Solutions, Q3 2024 report. According to the report, Lookout Mobile Endpoint Security balances powerful mobile security with user experience to provide a strong set of features across the spectrum of mobile security and deep threat […]| Merchant Fraud Journal
WESTFORD, Mass., July 12, 2024 /PRNewswire/ — According to SkyQuest, the global Artificial Intelligence (AI) in Cybersecurity Market size was valued at USD 18.36 Billion in 2022 and is poised to grow from USD 22.49 Billion in 2023 to USD 114.30 Billion by 2031, at a CAGR of 22.53% during the forecast period (2024-2031). Artificial intelligence technology is being used in cybersecurity to improve the security […]| Merchant Fraud Journal
AUSTIN, Texas–(BUSINESS WIRE)–CrowdStrike (NASDAQ: CRWD) today announced CrowdStrike Falcon® Complete Next-Gen MDR to stop breaches with unprecedented speed and precision across the entire enterprise attack surface. Powered by the CrowdStrike Falcon® cybersecurity platform and elite cyber expertise, Falcon Complete Next-Gen MDR expands MDR operations beyond native endpoint, identity and cloud security telemetry, incorporating critical third-party data from Falcon® Next-Gen SIEM ...| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–The ecommerce landscape is facing significant challenges with package theft and consumer trust. According to Capital One, in 2023, over $13.4 billion was lost to package theft, with more than 50% of online shoppers expressing concerns about their deliveries. Additionally, the Baymard Institute noted that 70% of online shopping carts were abandoned in 2024, with a quarter […]| Merchant Fraud Journal
BOSTON–(BUSINESS WIRE)–Eclypses, a provider of data protection solutions, today announced that Eclypses Secure MTE® is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Eclypses Secure MTE empowers organizations […]| Merchant Fraud Journal
SymphonyAI and Absa Group Recognized as ICA Compliance Awards “2024 Technology Partner of the Year” for Predictive and Generative AI SaaS Innovations Partnership recognized by International Compliance Association for its collaborative work in AI-driven risk management that reduced false positive alerts by 77% and accelerated the new risk identification hit rate by 10.5% July 08, […]| Merchant Fraud Journal
Securden, Inc., a leading provider of privileged access and identity security solutions, today announced that it has been recognized as a leader and outperformer in GigaOm Radar Report for Enterprise Password Management. GigaOm rigorously evaluates vendors in various solution segments and produces Radar reports with valuable insights to assist enterprise decision-makers in evaluating and investing in […]| Merchant Fraud Journal
COLUMBIA, Md.–(BUSINESS WIRE)–BigBear.ai (NYSE: BBAI) today announced that Troy™, the company’s intelligent workflow engine designed to automate and accelerate the process of binary reverse engineering, has achieved “Awardable” status and is now available for procurement on the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace. Troy™ is the latest of six BigBear.ai products now available on […]| Merchant Fraud Journal
DALLAS–(BUSINESS WIRE)–o9, a leading enterprise AI software platform provider for transforming planning and decision-making, today announced that it has enhanced its Digital Brain platform by incorporating generative AI-powered Large Language Model (LLM) composite agents. These next-generation agents are designed to revolutionize the way planners execute complex tasks, driving continued improvement in integrated business planning capabilities. “Now we […]| Merchant Fraud Journal
SUNNYVALE, Calif.–(BUSINESS WIRE)–Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among consumers that weaknesses in their banks’ fraud-protection measures could leave them exposed to scammers, which would result in the vast majority (75%) […]| Merchant Fraud Journal
WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Vultr, the world’s largest, privately-held cloud computing platform, today released a new industry report, The New Battleground: Unlocking the Power of AI Maturity with Multi-Model AI. The groundbreaking new study reveals a clear correlation between an organization’s AI maturity and its ability to achieve superior business outcomes, outpacing industry peers in revenue […]| Merchant Fraud Journal
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Bloomreach, the platform fueling limitless ecommerce personalization, today announced seven premium new features for its proprietary Loomi AI. Spanning both marketing automation and search and merchandising, the features enable teams driving ecommerce growth to customize, optimize, and automate personalization across the customer journey. Combined with Loomi AI’s existing capabilities, these premium features will offer users more […]| Merchant Fraud Journal