AIFortune1h ago
Casap, whose AI tools automate dispute and anti-fraud operations
Casap, whose AI tools automate dispute and anti-fraud operations for banks, raised a $56M Series B led by Base10 Partners, bringing its total funding to $90M

TL;DRCasap raises $56M Series B to expand AI fraud detection tools for banks.
Why it matters: Banks need better automated defenses as fraud tactics evolve faster than manual detection can handle.
Credit card fraud is hardly new, but the nature of that fraud is undergoing a major shift. In the past, nearly all scams …
Read full articleSource: Fortune · Opens in new tab