Bureau Expands Its Southeast Asia Presence with Expansion into the Philippines, and Indonesia.
(EMAILWIRE.COM, February 01, 2024 ) MANILA (ASIA NEWSWIRE) - Bureau, a global leader in identity decisioning and fraud prevention, today announced its strategic expansion into two key Southeast Asian markets: the Philippines, and Indonesia. This move solidifies Bureau's commitment to providing comprehensive and cutting-edge fraud and risk prevention solutions to digital-first businesses in the region.
With a rapidly growing
Bureau's diverse suite of solutions tackles this problem head-on, empowering FinTechs across the region to:
Prevent fraudulent users from entering their systems: Bureau maps digital personas, using users email, phone, and social profiles, to physical identities and analyzes behavioral activity to identify and remove suspicious users effectively, in real-time.
Guard against evolving fraud tactics: From device intelligence to device fingerprinting and behavioral biometrics, Bureau offers a comprehensive ML-based arsenal to combat synthetic frauds and money mules.
Gain actionable insights on New-to-Credit Borrowers: Tokenized risk scores and contextual analysis provide clear, actionable insights, to guide informed decision-making with the help of alternative risk intelligence signals.
Leverage a powerful Trust Network: Bureau's unique network, built based on millions of processed data across regions, assesses risk based on connections between digital personas, physical identities, and behaviour patterns, offering a deep understanding of individual users.
"We understand the specific challenges faced by financial services in Southeast Asia," says Ranjan R Reddy, CEO of Bureau. "Our targeted solutions are designed to address these challenges related to new-to-credit borrowers against money mules, social engineering, and account takeovers offering a tactical approach that solves real-world fraud problems for businesses of all sizes."
"Southeast Asia presents a fertile ground for tech innovation in financial services," states Preekshit Gupta, VP of SEA and MEA at Bureau. "With the ever-evolving nature of fraud, having a trusted partner like Bureau is crucial for FinTechs and Banks going digital, to protect their investments and maintain their customers' trust. We are proud to be their go-to partner for achieving sustainable growth through effective fraud prevention."
This press release is issued through AsiaNewswire.net (http://www.asianewswire.net) a newswire service for Asia Pacific, South and Southeast Asia. The release is distributed by EmailWire (http://www.emailwire.com) the global newswire service that provides Press release distribution with guaranteed results.
Bureau
Maruthi Kumar S
09710763486
maruthi@bureau.id
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