Promote this Nomination
|Company (that provides the nominated product / solution / service)||Buguroo|
|Company size (employees)||50 to 99|
|Type of solution||Software|
In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:
1. Fraud protection leveraging the unique combination of behavioral biometrics and deep learning technology.
2. Frictionless transaction experience for the user – maximum revenue for the issuer.
3. Provides Strong Customer Authentication for PSD2 and complies with GDPR.
buguroo couples behavioral biometrics with deep learning technology to accurately and continuously authenticate the identity of customers, in order to protect them from the greatest number of fraud use cases on the market.
It works by creating a unique ‘BionicID’ profile for each user by gathering information relating to their behavioral biometrics, constantly analyzing thousands of parameters such as the way in which a user types, moves their mouse, or taps their mobile screen. It also takes into account a session’s dynamic context to understand which devices, broadband networks or geolocations – amongst other contextual factors – were in use.
Using this profile, as well as enhanced malware detection technology, the solution uses deep learning to analyze even the smallest of anomalies, enabling financial services organizations to detect fraud before it happens and take preventative action, such as requiring additional security checks.