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Startup That Hopes To Change How Banks Detect Fraud Just Received A New Round Of Funding
Thursday, February 9, 2017 - 10:25am | 432Read More...Rippleshot, a fraud analytics firm, announced Wednesday it has completed its latest round of funding. The Chicago-based company raised $2.6 million in its financing round which was led by KDWC, a Chicago-based venture capital firm. Other investors include CMFG Ventures, which serves as the venture...
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Credit Card Fraudsters Are Rushing For 1 Last Major Score
Friday, June 17, 2016 - 1:23pm | 320Read More...Criminals and credit card fraudsters are delighted that U.S. retailers and banks are taking their time in transitioning towards safer chip-based credit cards. According to a report by Bloomberg, counterfeit-card fraud will surge 12.5 percent in 2016 and reach $4.5 billion as criminals are looking...
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Credit Card Fraud is Expensive For America
Monday, October 10, 2011 - 10:37am | 487Read More...By Michael Germanovsky Globally, the amount of money being lost as a result of credit card fraud is declining against the amount consumers are putting on their plastic. The huffingtonpost.com reported that recently-released data from the Nilson Report revealed in 2010, 4.46 cents was lost per...
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Internet Credit Card Fraud: You Could Be Next
Monday, September 19, 2011 - 11:19am | 613Read More...By Michael Germanovsky The world is growing smaller and smaller every day. Globalization and the Internet (and maybe Al Gore, that founder of the Internet) have made it easier for people to connect with one another from the convenience of their own homes. But with all this convenience comes a...
