FB pixel

BioCatch brings behavioral biometrics to partner program for banks and credit unions

BioCatch brings behavioral biometrics to partner program for banks and credit unions
 

BioCatch is contributing its behavioral biometrics to Alkami Technology Inc.’s Gold Partner Program to enable Alkami’s bank and credit union clients to protect their customers from fraud and cybercrime, according to a company announcement.

The partnership offers Alkami clients a frictionless digital experience based on BioCatch’s analysis of user’s physical and cognitive digital behavior, which the companies say can improve fraud detection and protection from identity theft while improving customer experience. BioCatch’s behavioral biometrics are already in use by 50 of the world’s largest financial institutions.

Alkami’s Gold Partner Program is intended to connect an ecosystem of fintech partners with the company’s client base.

“The explosion of new consumers of digital banking services over the last year has accelerated the need for technologies that can offer strong fraud protection with minimal disruption to users,” says BioCatch CRO Mike Keating. “BioCatch is committed to expanding Alkami’s gold standard in digital banking by providing best-in-class fraud protection and seamless user experiences. We are pleased to partner with Alkami to leverage behavioral biometric technology for Alkami clients, allowing more financial institutions to protect their most vulnerable clients and provide enhanced digital user experiences.”

BioCatch cracked the Inc. 5000 list for 2021, and launched its solution for compliance with PSD2’s strong customer authentication (SCA) requirement in July.

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

DHS awards SVIP contract to Procivis for decentralized identity software

Procivis AG, a subsidiary of Swiss institution Orell Füssli, has been awarded a tender through the U.S. Department of Homeland…

 

IDnow rides online betting wave from UEFA Euro Championship

IDnow is capitalizing on UEFA European Football Championship fever, registering over eight times more identity verification requests on sports betting…

 

Android 15 integrates biometric security across the board

In the latest Android 15 Beta 3 release, significant progress has been made in the area of biometric authentication. In…

 

Vote begins on biometric injection attack standard

Europe’s standard for biometric data injection attacks is on track to be published in October of this year, and could…

 

Police Scotland engages public on biometric data rights amid cloud storage concerns

Police Scotland has commenced the distribution of an information leaflet to all individuals in police custody who have their biometric…

 

‘Facial recognition is the easy part’: digital travel ID pilot results are in

Air travel has been getting more complicated. From security and passport checks to special documents such as COVID-19 certificates, passengers…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events