Stop money laundering before it starts.

Our Mule Account Detection solution enables fraud and financial crime teams to identify a majority of the active mule accounts on their books, both proactively defending against losses and streamlining money laundering investigations.

See the web,
not just the thread.

Organized crime continues to improve the efficiency and lack of traceability of its money movements, employing well-coordinated networks of mule accounts. Detecting suspicious behavior early – before these accounts can move any money – is crucial. BioCatch’s Mule Account Detection solution empowers fraud teams with early detection, revealing hidden linkages without disrupting genuine users.

Performance
at scale

2M↑

bad accounts identified and reported by BioCatch customers in 2024

98%

of BioCatch MAD solution deployments recognized active mule accounts at the institution before existing system alerts

96%

of BioCatch customers deploying our MAD solution detect existing mule accounts within weeks of deployment

70%

of BioCatch customers deploying our MAD solution identified newly created accounts as mules before those accounts received their first incoming transfer

How it works

Our solution proactively alerts banks to a range of mule activity by analyzing behavioral signals—an often-overlooked data source that, when leveraged with deep experience and finesse, becomes a powerful tool for mule account detection. Below is a snapshot of the key behavioral patterns we use to uncover mule accounts and criminal networks.

Sleeper accounts

These accounts can remain dormant for extended periods before abruptly becoming active. Common signs of suspicious behavior include sudden logins, new deposits, and rapid outgoing payments—indicators of potential misuse.

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Login events

Suspicious login patterns often involve frequent access without any associated transactions, raising behavioral anomalies. These accounts may also display geographically dispersed logins and consistent use of VPNs or proxies to obscure their true origin.

Activity trend changes

Sudden behavioral shifts such as access from new or multiple devices or repeated failed login attempts trigger high-risk indicators. These accounts may also exhibit new or unusual payment patterns, suggesting a change in control or purpose.

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Payment patterns

Mule accounts often show sudden surges in payment frequency. These payments may also involve unusual or inconsistent amounts that differ from the accountholder's typical behavior.

Introducing BioCatch Scout

BioCatch Scout is the latest addition to our predictive intelligence toolkit. This new graphical user interface plays an integral role in revealing the depths of global criminal networks and money laundering operations. Scout utilizes link analysis and BioCatch's proprietary technology to construct visualization clusters within the data galaxy. Analysts can drill down into specific clusters to further investigate accounts, devices, and their connections to prioritize investigations.

Detect mule accounts. Stop financial crime.

Mule accounts often evade detection through transaction monitoring rules. Our behavior-based machine learning model is at the core of the Mule Account Detection solution, purpose-built to tackle sophisticated money laundering tactics and stop fraud before it occurs.

A proactive approach to money laundering prevention

With behavioral analysis, our Mule Account Detection solution recognizes illegal money movement activities early, enabling financial institutions to detect mule accounts and prevent bad money flow, thereby reducing the number of non-genuine user accounts in their portfolio month over month. The accuracy of detection enhances investigative efficiency and speed, ultimately reducing both financial losses and operational expenses.

Exposing the network

Money mule networks hidden within the financial system fuel and enable transnational crime. With BioCatch's Mule Account Detection solution, you can stop them. Download BioCatch's Global Mules Report now and uncover how behavioral intelligence is revolutionizing fraud detection. Stay ahead, stay informed, and safeguard your financial ecosystem today.

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Together, we can prevent fraud and financial crime.

Join our global advisors and fraud intelligence experts for a 30-minute deep dive into the latest tactics, techniques, and procedures (TTPs) now exploited by fraudsters in your country to scam your customers and harm your brand.