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September 8, 2016 05:09 pm GMT
Online merchants spend a lot of money on chargebacks, which are demands by credit card providers to reimburse for fraudulent charges. That’s why Signifyd created technology that assesses a transaction risk before the card is processed. The San Jose-based company is raising $19 million in financing for its fraud protection services. Investors include Menlo Ventures, TriplePoint Capital… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/f0Ipz4e5fLQ/
Signifyd raises $19 million to help with online fraud protection
Online merchants spend a lot of money on chargebacks, which are demands by credit card providers to reimburse for fraudulent charges. That’s why Signifyd created technology that assesses a transaction risk before the card is processed. The San Jose-based company is raising $19 million in financing for its fraud protection services. Investors include Menlo Ventures, TriplePoint Capital… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/f0Ipz4e5fLQ/
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