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Charm Security launches with $8M in funding to tackle AI-driven fraud

  • Scam prevention platform startup Charm Security Ltd. has raised $8 million in funding to accelerate product development and expand market reach.
  • Charm Security aims to mitigate scam risks by assessing human vulnerability exposure, analyzing customer risk patterns, and delivering tailored mitigation strategies based on psychological insights, data analysis, and artificial intelligence.
  • The company adopts a proactive approach to fraud prevention, combining psychological insights, data analysis, and AI to defend against scams before they occur.
  • Charm Security's platform provides real-time security insights, personalized recommendations, and verification tools to protect customers and frontline staff during high-risk transactions, reducing scam-related losses and operational costs.

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