- Partnership unlocks deep insight into both the intent and experience of every digital user, providing a new source of behavioral data for fraud teams to detect risk and for CX teams to remove friction for legitimate customers
- Round co-led by Fin VC and TTV Capital and joined by Canapi Ventures.
- Neuro-ID enables industry leaders in Payments, Lending, Fintech and Insurance, to reduce online fraud and friction with real-time behavioral analytics.
- Neuro-ID Customers have decreased fraud by 35% while increasing conversion by 200%.
PROVO, December 10, 2020 (BUSINESS WIRE) -- Neuro-ID, the pioneer in Behavior-as-a-Service (BaaS) technology, today announced that it has raised a $7 million Series-A funding round led by Fin VC and TTV Capital. Canapi Ventures also participated in the round.
Why does fraud end up becoming a credit risk problem for online lenders? Join our CEO, Jack Alton, Aite Group’s Julie Conroy and Alex Johnson of FICO for a compelling conversation around First Party Fraud, synthetic identity and addressing the challenges of the “Black Hole Problem.”