TITLE

eBay Bids $169M on Fraud Sciences

AUTHOR(S)
Medford, Cassimir
PUB. DATE
January 2008
SOURCE
Red Herring;1/28/2008, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of eBay subsidiary PayPal to acquire Fraud Sciences, an Israel-based online credit card fraud detection firm, for $169 million. Fraud Sciences markets an online transaction verification service that uses analytical tools to confirm that the customer attempting to make a credit card purchase is indeed the authorized owner of the credit card. It raised about $15 million from BRM Capital and Redpoint Ventures among others.
ACCESSION #
36961833

 

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