Despite preventive measures, credit card disputes at Visa continue to rise past pandemic levels with more than 90 million recorded in 2022, compared to 70 million in 2019. Credit card frauds pose a costly challenge for credit card companies and merchants, with chargebacks costing $2.40 to $3.36 for every dollar disputed.

Gem Security announces $23 Mn in Series A funding, CIOSEA News, ETCIO SEA
Cloud Detection and Response (CDR) company, Gem Security, has raised $23m in an oversubscribed Series A funding round. The round was led by GGV Capital