Samsung SDS demonstrating authentication technologies at Money 20/20

Samsung SDS America will demonstrate its authentication technologies, including Samsung SDS Nexsign, with leading partners in the financial industry at Money 20/20 2017 in Las Vegas. The demonstrations will showcase the latest innovations from Diebold Nixdorf, BioCatch and Moxtra that use Samsung SDS’s advanced mobile technologies to improve security and improve the user experience. Samsung SDS Nexsign is a FIDO compliant biometric authentication platform that leverages facial recognition technology with the ATM to complete a secure cardless cash withdrawal in seconds.

BioCatch VP touts behavioral biometrics as wave of the future

Behavioral biometrics is a breakthrough cybersecurity technology that identifies people by how they do what they do, rather than by their physical characteristics, what they know, or by the authentication technology they possess. Behavioral biometrics is defined as the measurement and analysis of human activity patterns. Historically, these have included keystroke patterns, gait, and handwritten signatures. However, today’s advanced behavioral biometric techniques now capture a wider array of human interactions between a device and an application, such as hand-eye coordination,

HoneyTek Systems, BioCatch partner to provide fraud prevention solutions

HoneyTek Systems has partnered with BioCatch to provide fraud prevention and behavioral biometrics solutions to customers in Canada and abroad. BioCatch’s behavioral biometrics-based authentication technology analyzes the way people interact with an online application or device. The company has been integrating behavioral biometrics to successfully detect criminal behavior, preventing major financial losses in the past. “Given the trends in fraud and the challenges that our customers are facing, it is important for us to provide solutions that help them stay

LexisNexis Risk Solutions, BioCatch to reduce company fraud losses

LexisNexis Risk Solutions and BioCatch have partnered to help companies across all industries reinforce their efforts in preventing fraud cases. As a result of the new partnership, companies will receive additional risk scores through the LexisNexis Risk Defense Platform that expand on the data typically provided by the customer by analyzing how the user behaves. During the application process, LexisNexis Risk Defense Platform monitors behavior and is able to discern between a real user and an impostor by recognizing normal

BioCatch granted patent for detecting remote access, differentiating users

BioCatch has been granted a new patent entitled, “Device, Method, and System of Detecting Remote Access Users and Differentiating Among Users,” which marks the company’s 23rd patent. The technology covered under U.S. patent 9690915 detects the presence of remote access tools, in order to distinguish between genuine and malicious online behaviors. Remote Access Trojans (RATs) are a form of malware that enable a fraudster to take over administrative control of a device. Through social engineering techniques, such as phone-based phishing

BioCatch named a 2017 Red Herring Top 100 company

BioCatch has been named a Red Herring Top 100 company in both Europe and North America. The Red Herring Top 100 award highlight the most exciting startups from Asia, Europe and the Americas and are widely recognized as one of the industry’s more prestigious recognitions, with hundreds of candidates from each continent competing for a Top 100. Nominees are evaluated on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation,

Behavioral biometrics firm BioCatch picks up Frost & Sullivan award

BioCatch has been acknowledged by Frost & Sullivan for its position in the behavioral biometrics landscape and its patented Invisible Challenges solution that helps identify fraudsters without compromising the user experience. The 2017 Global Frost & Sullivan Award for New Product Innovation is given to the company that develops an innovative product to leverage leading-edge technologies and is recognized as best in class in three key areas: understanding demand, nurturing the brand, and differentiating from the competition. “The financial technology

BioCatch to integrate behavioral biometrics into Experian fraud and ID platform

BioCatch has partnered with Experian to integrate its behavioral biometric technology into Experian’s fraud and identity platform, CrossCore, to help curb new account fraud for its users. The integration of BioCatch’s behavioral biometric technology into the CrossCore platform will boost security measures to detect fraud in real-time. The increased security measures could, for example, focus on the way users behave as they fills out an online credit card application — all without compromising the overall user experience or slowing down

Behavioral biometrics enable financial institutions to comply with cybersecurity regulations

The New York State Department of Financial Services’ (NYDFS) new cybersecurity regulations for the financial services industry went into effect last week, which makes authentication solutions like behavioral biometrics easier for financial institutions to comply and protect themselves against cybercriminals, according to a recent blog post by Biocatch. In late February, NYDFS issued a set of cybersecurity regulations that require New York banks, insurance companies and other financial institutions to create and maintain a cybersecurity program designed to protect consumers

Nuance adds behavioral biometrics for enhanced fraud detection

Nuance has partnered with behavioral biometrics firm BioCatch to offer continuous authentication and more accurately detect fraud across multiple channels as part of its expanded Nuance Security Suite solution. The partnership will see Nuance incorporate BioCatch’s behavioral biometrics data within its voice biometrics and facial biometrics platform, adding a new layer of protection that allows organizations to flag potentially fraudulent activity based on inconsistencies in the way a person interacts with a device or an application. By learning how a