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buguroo Launches Enhanced New Account Fraud Prevention Capabilities to Stop Fraudsters Opening Bank AccountsMADRID, Jan. 22, 2020 /PRNewswire/ -- buguroo, the online fraud prevention solutions specialist for the financial sector, today unveiled further capabilities that make it easier for banks to identify fraudsters attempting to open new bank accounts. These enhanced New Account Fraud prevention capabilities – included in the latest version of buguroo's bugFraud solution – employ advanced deep learning technologies to analyze new customer onboarding sessions in real-time, analyzing each user's behavior and environment without adding friction to their journey. Features include:
About buguroo: Headquartered in Madrid, Spain, and with offices in the US, UK, Mexico, Brazil, Poland and Colombia, buguroo helps protect more than 50 million banking customers across the world from online fraud. The company's flagship anti-fraud solution, bugFraud, utilizes Deep Learning technology combined with behavioral biometrics, device assessment and malware detection to create a unique profile of each customer, enabling banks to continuously check that the user is who they claim to be and is not being manipulated by fraudsters. It offers anti-fraud protection at all parts of the customer journey, from login to logout and during the onboarding process. Specializing in developing online fraud prevention solutions since 2015, buguroo's investors include Ten Eleven Ventures, Seaya Ventures, Inveready Technology Investment Group and Conexo Ventures. For more information visit: www.buguroo.com Logo - https://mma.prnewswire.com/media/1078542/buguroo_Logo.jpg
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