Phone fraud detection service Next Caller raises $5 million

Fraud detection is a huge problem for retailers and the banking industry. But as companies fortify their defenses against fraudsters, the criminal element finds new weaknesses to exploit. The latest tactic has been phone spoofing, and fraud at the call center itself. Helping to ward off the  latest wave of fake accounts is Next Caller, a Y Combinator-backed startup based in New York. Read More...