FaaS: the rise and rise of Fraud as a Service

It can be a game of chance getting your money back from hacking gamblers. (Image: Depositphotos)

Wed, 13 Dec 2023

“At Ilixium,” I read, “we’re developing for now and defining what’s next.“Revolutionising the payments industry with our unique combination of technical expertise, regulatory understanding, local knowledge and international reach, we accelerate the acceptance of customer payments at significantly lower costs – all with zero stress.”However, I can confirm that the sight of eight unauthorised payments queued up to leave my debit card account via Ilixium induced non-zero stress.Until that moment, I h...

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