South African fintech company Orca has successfully raised $2.35 million in an oversubscribed seed round to enhance its fraud detection platform, which is specifically designed for Africa's ...

Last year, US banks used real-time machine learning to flag over 90 percent of suspected fraud, yet almost half of chargeback ...

Yosniel Sotomayor Rodriguez, 40, was sentenced to 18 months in prison after he pleaded guilty to conspiracy to unlawfully use a counterfeit access device, said Kevin Davidson, acting United States ...

Abstract: Modern-day online banks need effective fraud detection platforms because of increased cyber threats in current times. The current methods lack success in detecting recent fraud strategies so ...