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BioCatch launched Mule Account Detection, a solution that delivers comprehensive protection against money mules, people who, at someone else’s direction, receive and move money obtained by criminal means. Mule accounts are a critical link in the fraud supply chain, allowing criminals to cash out at the end of the money laundering process. Cybercriminals have used these schemes to capitalize on the global pandemic, resulting in new scrutiny from global regulators directed toward a financial institution’s … More
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Read the original article: BioCatch Mule Account Detection brings mule detection capabilities for financial institutions