eBay through Paypal has acquired fraud detection provider Fraud Sciences Ltd for $169 million.
Israel and Palo Alto based Fraud Sciences offers automated anti-fraud systems including the SpotLight VFX and SpotLight T2T, merchant solutions that provide transaction verification with fraud prevention.
eBay said the acquisition will assist them in significantly improving trust and safety across its sites in 2008. Fraud Sciences’ risk tools will be integrated with PayPal’s fraud management system.
Related Stories: | Topics:Innovation, Technology, start-ups, israel, Fraud Sciences Ltd., eBay Inc., Palo Alto, Israel |
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