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Exclusive: ShopRunner buys a fraud prevention service, adds UPS as an investor

ShopRunner, which operates a membership-based two-day shipping service and an app-based online marketplace, has bought fraud-prevention service Precognitive. ShopRunner plans to provide the Precognitive product for free to its network of about 140 retailers. Precognitive’s technology combines device intelligence, advanced behavioral analytics and a real-time decision engine to help companies more accurately identify online fraud. The fraud-prevention […]

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