BOSTON–(BUSINESS WIRE)–Account Takeover has replaced Stolen Financials as the fastest growing fraud threat for eCommerce websites in 2017. While still representing only a fraction of the volume of Stolen Financials, in Q2 2017 alone, Account Takeover fraud rose by an alarming 45 percent, putting online retailers at a loss of $3.3 billion dollars. PYMNTS and…

SAN JOSE, Calif.–(BUSINESS WIRE)–Signifyd, the leading provider of Guaranteed Fraud Protection for online merchants, announced today that its real-time machine learning and financial protection capabilities are available natively in the latest version of the Magento Commerce platform. The integration eliminates the need for fraud scoring tools and provides merchants with full protection from fraud, chargebacks…

SAN JOSE, Calif.–(BUSINESS WIRE)–Long-Ji Lin has been appointed Chief Scientist at Signifyd, the world’s largest provider of Guaranteed Fraud Protection for ecommerce companies. In his new role, Lin will focus intensively on Signifyd’s modeling and leverage big data analytics to detect fraud across more than 5,000 ecommerce merchants. In addition to the impressive progress made…

SAN JOSE, Calif.–(BUSINESS WIRE)–Signifyd announces its Guaranteed Fraud Protection suite is available to Authorize.Net eCommerce merchants in the U.S. Authorize.Net’s customers can take advantage of Signifyd’s Guaranteed Fraud Protection suite to help eliminate fraud losses, chargebacks, and the manual order review process, all of which will ultimately help increase merchant revenue. “No legitimate order should…

SAN JOSE, Calif.–(BUSINESS WIRE)–Signifyd, the world’s largest provider of Guaranteed Fraud Protection for e-commerce businesses, today announced it has secured $56 million in Series C financing led by Bain Capital Ventures, with additional participation from Menlo Ventures, American Express Ventures and other existing investors. This latest round of funding will be used to expand its…

SAN JOSE, Calif.–(BUSINESS WIRE)–Signifyd today announced that it has joined the Salesforce Partner Program in support of Salesforce Commerce Cloud, the fastest path to unified commerce. Commerce Cloud enables brands to provide personalized experiences for shoppers that span web, mobile, social and in-store. And now, as part of the world’s #1 CRM platform – Salesforce…

SAN JOSE, Calif.–(BUSINESS WIRE)–Signifyd, the fastest-growing provider of guaranteed fraud protection for e-commerce businesses, announced today the hiring of Chendong Zou, as its new Vice President of Engineering. This strategic addition comes just months after a $19 million round of Signifyd funding led by Amex Ventures, Menlo Ventures and TriplePoint Capital last September. For almost…