With signs that online banking fraud is on the rise amid the COVID-19 pandemic, Buguroo is offering to investigate suspicious messages for free. The company has set up a new “Covid-19 Online Banking Fraud Resources Center” on its website, where it promises to offer regularly updated information about the latest fraud and social engineering campaigns.…
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…
Ping Identity has upgraded its Intelligent Identity platform with a slew of improvements that will help enterprises develop a dynamic Zero Trust security environment. The highlights include enhanced support for passwordless FIDO2 protocols and a handful of new technology integrations. With regards to FIDO2, the Intelligent Identity platform streamlines authentication workflows and makes it easier…
OneLogin has unveiled a pair of new cybersecurity products to help large enterprises calculate risk and reduce their reliance on text-based passwords. Vigilance AI is a risk assessment engine that uses machine learning and AI to determine the threat level of a given interaction, while SmartFactor Authentication uses behavioral analytics to verify people’s identities without…
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…
Worldpay is looking to reduce fraud with a new platform that uses machine learning to assess the validity of online transactions. Dubbed FraudSight, the new platform will examine prior online and in-store behavior to create a card profile that adds context to future purchases. FraudSight is specifically designed to address fraud that occurs during transactions…
TwentyBN, an AI startup with offices in Berlin and Toronto, has announced that it just brought in $10 million through a funding round led by M12, Microsoft’s venture capital fund. As VentureBeat reports, the startup is focused on computer vision technology designed to interpret human actions. TwentyBN has been training its AI technology on a…
