PayPal bolsters online security with acquisition

News

PayPal bolsters online security with acquisition

Antony Savvas

PayPal is acquiring Fraud Sciences, an Israeli developer of online risk tools.

The £85m acquisition is designed to enhance PayPal's fraud management systems and those used by parent company eBay.

Fraud Sciences COO Yossi Barak, and founders Shvat Shaked and Saar Wilf, will join PayPal's technology and fraud management teams.

The acquisition is expected to close within the next 30 days, said PayPal.


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy