06 September 2022
Pepper Advantage announces strategic investment in Thirdfort
Pepper Advantage participates in fund-raising for risk management platform Thirdfort Pepper Advantage will incorporate Thirdfort’s digital identification, anti-money laundering (AML) and Source-of-Funds (SoF) verification into its proprietary global credit management platform The investment is part of a strategic partnership to tackle the growing challenge of fraud prevention, with money laundering now costing the UK economy more than £100bn annually, and the cost of payment scams and impersonation fraud rising by 30% and 120% respectively year-on-year[1]
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