Company News

Bureau’s Money Mule Score evaluates numerous risk factors, helping financial institutions safeguard their ecosystems from fraudulent activities. While this product has already saved $9 million since its inception in April and has been adopted by the top 3 Indian banks and several more in the resting phase, the financial capital got to see it in action at their booth during the Global Fintech festival held in Mumbai. 

Bureau's Money Mule Score utilises a sophisticated link analysis engine. This technology goes beyond traditional methods by weaving together a rich tapestry of user data, including device information and behavioural patterns. This real-time web of information exposes hidden connections, allowing us to identify money mules even when they appear legitimate during onboarding.

Enformion LLC and Bureau.ID announce the establishment of a groundbreaking strategic partnership poised to revolutionize the landscape of identity and risk management. This collaboration leverages cutting-edge technologies to deliver precise entity resolution and seamless orchestration, providing businesses with unparalleled solutions for secure customer onboarding, fraud prevention, and compliance. 

San Francisco-based fraud and identity platform, Bureau, secures an additional $4.5 million in funding from GMO VenturePartners, augmenting its series A round to $16.5 million. With total funding now at $20.5 million, Bureau's global expansion is well underway. The platform's advanced risk orchestration technology has attracted customers across industries, achieving remarkable growth with a 6x increase in both clientele and revenue in the past year, verifying over 300 million identities. This surge aligns with the urgency of fraud prevention, a priority reflected in the company's strategic acquisitions and partnerships.

Bureau attains SOC 2 Type 2 Compliance, solidifying leadership in security and privacy. Learn about the rigorous audit that evaluates Bureau's security controls and procedures, providing partners and customers with peace of mind. Discover why Bureau is committed to being a trusted data protection leader.

Company builds out executive team to lead product roadmap innovation, enhance engineering prowess, and establish brand leadership position

Bureau, frictionless identity verification and fraud protection platform, emerged from stealth with a $12 million Series A round led by Quona Capital in December 2021. Bureau had earlier raised a seed round of $4.2m in August 2020.