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Fortune Term Sheet· Jeff John Roberts·· 1 hours agoTop DealsAI Score72

Casap raises $56M Series B led by Base10 to fight first-party card fraud

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

AI Overview

Casap, a financial AI startup that helps banks and card companies handle disputes and chargebacks.

Why it matters

Casap's disclosed metrics on first-party fraud losses and chargeback win rates show how banks are applying AI to dispute handling as cardholder fraud grows.

Source:Fortune Term Sheet · fortune.com

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