Trustev secures USD 300,000 to tackle online fraud

Posted by Trustev editor on April 17, 2013

Trustev, an Irish provider of “social fingerprinting” technology, has secured USD 300,000 in an angel funding round.

The company uses social data from services such as Facebook, Twitter and LinkedIn to provide a layer of verification to ensure that a customer is who they say they are. Online retailers can add the service to their websites with a few lines of code. A “Trustev score” is then generated for the customer, with retailers able to set a threshold for what scores can be approved, blocked or flagged for manual checking.

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