6/7/2023 0 Comments Ercom fraud![]() Built for banks, the company’s real-time, dynamic behavioural analytics & explainable AI-engine detects fraud threats in payments, such as authorized push payment fraud or the “human hack”, driven by the surge in real-time payment networks globally. Recently spun-off from Ercom, a French cybersecurity company, Bleckwen provides real time explainable AI-based systems for use in fraud detection. The company intends to use the funds for international expansion and the continued development of its software capabilities in AI-based fraud detection. ![]() The round was led by Ring Capital, with participation from existing investors TempoCap, Bpifrance and Ineo, alongside senior management. ![]() Bleckwen, a Puteaux, France-based provider of real-time analytics software for fraud detection & prevention in payments, raised $10m in first funding round.
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