News

Ethoca secures USD 45 mln in equity investment

Monday 20 July 2015 11:28 CET | News

Fraud management services developer Ethoca has secured a USD 45 million minority growth equity investment led by Spectrum Equity.

The first service Ethoca launched on its collaboration platform, Ethoca Alerts, provides an early warning on fraud and disputes that have already been confirmed by cardholders, giving merchants the opportunity to stop fraud, halt the delivery of goods and service, and issue refunds to avoid impending chargebacks.

Ethoca is a global provider of a collaboration-based network and technology solutions that enable online merchants and card issuers to work together to stop fraud, accept more transactions and increase revenue.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: fraud prevention, web fraud, digital identity, online security, risk management, cybercrime, cyber security, cards
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events