Browsing: fraud
Apple declares end to $1.8 billion App Store fraud last year in latest proposal for developers
By techtost.com
Apple released new data on anti-fraud measures related to its iOS App Store operation on Tuesday morning, refuting a claim that it stopped more than $7…
Digital fraud detection startup BioCatch hits $1.3 billion valuation as Permira buys majority stake
By techtost.com
Digital fraud detection company BioCatch has a new majority shareholder: A UK-based private equity firm, Permirais acquiring shares in the company “primarily” from existing investors, including…
Sam Bankman-Fried sentenced to 25 years in prison for fraud and money laundering at FTX, ordered to pay $11 billion in forfeiture
By techtost.com
Sam Bankman-Fried, co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of…
Yet another AI fraud detection software provider is laying off staff. Inscribe, whose platform works to detect fraud in areas such as business underwriting, tenant screening…
Closinglock, now with $12M, wants to prevent 1 in 10 real estate transactions targeted for fraud
By techtost.com
Buying a home is a big step, and so is handing over a big chunk of cash to do it. Depending on the title of the…
Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence,…
With billions of credit card transactions processed daily, there is an opportunity for fraudulent activity or perceived fraudulent activity. And it happens: Every year, hundreds of…