Global identity and fraud decisioning company Bureau enters KSA

Global identity and fraud decisioning company Bureau enters KSA

Riyadh, KSA – (ARAB NEWSWIRE) – Bureau, a global leader in identity decisioning solutions, is thrilled to announce its entry into the Kingdom of Saudi Arabia (KSA), offering cutting-edge identity verification, fraud prevention, compliance management, and risk mitigation services. As businesses in KSA grapple with the latest anti-financial fraud regulations set forth by the Saudi Arabian Monetary Authority (SAMA), Bureau's robust platform promises to fortify the financial sector against fraudulent activities while streamlining customer onboarding processes. SAMA is the first but surely not the last regulatory body to emphasise consumer protection and fraud prevention.

Bureau's innovative approach is founded on three pillars: mapping digital personas to physical identities, analysing behavioural activity, and building an identity network through link analysis. By combining these elements, Bureau assesses the riskiness of transactions as well as identities and detects anomalies that could be indicative of fraudulent activity. This holistic approach addresses the shortcomings of traditional methods and provides unparalleled security and efficiency.

Bureau’s continuous transaction screening and monitoring solutions coupled with the fraud prevention suite that is an industry-leading combination of device fingerprinting and behavioural AI is already a hit among several partners and customers in the GCC region.

Mr. Ranjan Reddy, CEO of Bureau, expressed his