Bots Cybersecurity Fraud Detection 
The Fintech Times
SEPTEMBER 11, 2024
Automated bot attacks on social media surged dramatically in the second quarter of 2024, according to AU10TIX ’s latest Global Identity Fraud Report. This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated.
PYMNTS
JUNE 11, 2020
Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners , a press release states. The software utilizes real-time data analytics and real-time scoring to help merchants snuff out fraud and deliver seamless transactions, the press release says.
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Neopay
JANUARY 22, 2025
Recent research by Signicat reveals that AI-driven fraud now constitutes 42.5% of all detected fraud attempts in the financial and payments sector, marking a critical turning point for cybersecurity. This suggests that many companies are unprepared to face the evolving AI-enabled fraud landscape.
PYMNTS
JULY 25, 2017
By utilizing machine learning, retailers are essentially freeing up their security staff to improve and innovate on their fraud detecting tools and the rest of their employees to provide a more customized experience for consumers.
PYMNTS
NOVEMBER 26, 2019
Buguroo, a Spanish cybersecurity company, uses biometrics tied to behavior and deep learning processes to root out fraud. Their technology is designed to recognize illicit activity that comes from either human cybercriminals or bots. The funding round was led by Ten Eleven Ventures and Seaya Ventures, which is located in Spain.
The Fintech Times
AUGUST 17, 2024
“In today’s highly competitive and digital-first world, the use of behavioural analytics is now vital for innovating for the future of fighting fraud.” Empowering businesses NeuroID’s behavioural analytics solutions are available through CrossCore on the Experian Ascend Technology Platform as a key fraud-detection capability.
Fintech Finance
MAY 30, 2024
Mangopay’s Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats, including account takeover by both bots and humans, reseller fraud, payment fraud, chargebacks, and return abuse.
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