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Casap raises $56 million to help banks fight fraud

Original: Financial AI startup Casap raises $56 million to help banks stop an explosion of customer fraud

Financial AI startup Casap has raised $56 million to help banks combat a surge in customer fraud. The funding round was reported by Fortune. The company offers artificial intelligence tools aimed at detecting and stopping fraud targeting bank customers, as banks face a growing wave of scams and unauthorized transactions affecting their clients.

Why now: Rising customer fraud is a growing concern for banks, making new anti-fraud funding newsworthy.

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