Buguroo has upgraded its flagship behavioral biometrics platform to help financial institutions spot (and stop) New Account Fraud. The enhanced bugFraud can be used in conjunction with traditional anti-fraud measures like ID checks and physical biometrics, or as a standalone security solution. New Account Fraud refers to fraud that is carried out with bank accounts…
Cybersecurity firm Buguroo has announced an $11 million dollar Series A funding round that will help it to accelerate the development of its Deep Learning-based online fraud detection and prevention platforms, and allow it to focus on an expansion into the U.S. and U.K. markets, among others. The funding for the Madrid-based Buguroo was led…
BioCatch is once again highlighting the advantages of behavioral biometrics in a new blog post that details two case studies in which the BioCatch platform was used to stop more complex forms of fraud. In the post, the company notes that many anti-fraud solutions protect a single access point, either with a password or a…
“The system’s operation has also been streamlined, with new threat detection algorithms having reduced the number of end user interactions needed to recognize individuals and potential threats.” BehavioSec has upgraded its behavioral biometrics platform. Version 5.0 of the BehavioSec Behavioral Biometrics Platform is now able to detect the use of Virtual Private Networks and TOR-routed…
