buguroo has announced new capabilities that aim to make it easier for banks to identify fraudsters who attempt to open new bank accounts.
The ‘New Account Fraud’ prevention capabilities are included in the latest version of buguroo’s bugFraud solution, and employ advanced deep learning technologies to analyse new customer onboarding sessions in real-time, Help Net Security reveals. These also analyse each user’s behaviour and environment without adding friction to their journey.
Moreover, buguroo’s new features include:
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