The Asian Bankers Association (ABA) and BioCatch, are inviting fellow bank members and friends to join a  webinar on “The Need for Advanced Analytics for MULE Detection” on 27 March 2024 at 14:00 SGT.

BioCatch is partnering with the ABA to give bankers and financial specialists a comprehensive analysis of Mule accounts because they are vital components of fraudulent operations, enabling the laundering of money and facilitating criminal activities.

The 60-minute webinar features Edgar Zayas, Director Global Advisory at BioCatch who will elaborate on the tailored approaches with advanced analytics required to detect these accounts due to the diverse behaviors and objectives of money mules.

Traditional fraud detection methods often identify mules only after transactions occur, leading to increased investigation time and operational costs.

During the session, Edgar Zayas will explain how to…

• Stop the mule and stop the fraud, and how combating fraud starts with mule accounts.
• Use big data analytics for identifying patterns and anomalies.
• Apply behavioural biometrics to detect and mitigate mule accounts.

The webinar session will be moderated by Suresh Emmanuel, AGM Information Security/CISO at Hatton National Bank,

The webinar will be highly informative and valuable for bankers. Please share this invitation with your colleagues and other network.

Please register HERE.

BioCatch (www.biocatch.com) is considered the leader in Behavioral Biometrics, a technology that leverages machine learning to analyze an online user’s physical and cognitive digital behavior to protect individuals online.

Today, BioCatch counts over 25 of the top 100 global banks as customers who use BioCatch solutions to fight fraud, drive digital transformation and accelerate growth.