ThreatFabric, an Amsterdam-based fraud detection company, announced it raised a seed round of €11.5 million from ABN AMRO Bank to expand its technical capabilities and support growth. ThreatFabric offers a software-as-a-service package for bank web and mobile channels that uses behavioral biometrics and behavior-based location intelligence to detect fraudulent activity, the latter leveraging artificial intelligence.
ABN Amro Co-Leads €11.5 Million Seed Round in ThreatFabric
