Bureau, a global leader in identity decisions and fraud prevention, today announced its strategic expansion into two key Southeast Asian markets: the Philippines and Indonesia. This move solidifies the 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 digital economy and constantly evolving regulatory compliance, Southeast Asia presents both exciting opportunities and significant challenges for FinTechs and Digital Banks. Fraudulent activity threatens to undermine trust and stifle growth, making robust fraud prevention measures crucial.
The bureau’s diverse suite of solutions tackles this problem head-on, empowering FinTechs across the region to:
Prevent fraudulent users from entering their systems: The 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, the 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: The Bureau’s unique network, built based on millions of processed data across regions, assesses risk based on connections between digital personas, physical identities, and behavior 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.”
The Bureau’s entry into these key SEA markets in the Digital Lending and Banking space underscores its commitment to building a robust regional presence and empowering businesses to navigate the growing complexities of the digital financial landscape.
About Bureau
Bureau is a modern no-code fraud detection and identity decision-making platform. It delivers accurate conclusions about the trustworthiness of digital identities to prevent fraud and ease compliance, resulting in seamless digital journeys for legitimate customers. The single AI-architected platform provides banks, fintechs, gaming, and gig economy companies with a complete range of fraud, risk, and compliance solutions in over 100 markets globally.
Backed by leading global investors, including Quona Capital, Village Global, Commerce Ventures, Okta (Nasdaq), and GMO Payments (Tokyo), the Bureau is headquartered in San Francisco, with a global presence in India, Southeast Asia, and the Middle east. Learn more at https://www.bureau.id.
This press release is issued through AsiaNewswire.net (www.asianewswire.net) a newswire service for Asia Pacific, South and Southeast Asia. The release is distributed by EmailWire (www.emailwire.com) the global newswire service that provides Press release distribution with guaranteed results.™
The breadth of knowledge compiled on this website is astounding. Every article is a well-crafted masterpiece brimming with insights. I’m grateful to have discovered such a rich educational resource. You’ve gained a lifelong fan!
Fantastic site Lots of helpful information here I am sending it to some friends ans additionally sharing in delicious And of course thanks for your effort
PVC Electrical Ducts ElitePipe Factory in Iraq is proud to provide top-quality PVC Electrical Ducts designed for efficient and reliable cable management. Our PVC ducts are lightweight yet robust, offering excellent protection for electrical wiring against mechanical damage and environmental conditions. Ideal for both residential and commercial applications, these ducts ensure a safe and organized installation. As one of Iraq’s most trusted and reliable manufacturers, ElitePipe Factory is dedicated to producing PVC electrical ducts that adhere to the highest standards of quality. Visit our website to find out more: elitepipeiraq.com.
dodb buzz I’m often to blogging and i really appreciate your content. The article has actually peaks my interest. I’m going to bookmark your web site and maintain checking for brand spanking new information.
Keep up the fantastic work! Kalorifer Sobası odun, kömür, pelet gibi yakıtlarla çalışan ve ısıtma işlevi gören bir soba türüdür. Kalorifer Sobası içindeki yakıtın yanmasıyla oluşan ısıyı doğrudan çevresine yayar ve aynı zamanda suyun ısınmasını sağlar.
BWER Company stands as a trusted name in Iraq’s weighbridge industry, offering innovative designs, reliable installations, and comprehensive support for all weighing requirements.