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BioCatch

Website: biocatch.com

The BioCatch platform develops behavioral biometric profiles of online users to recognize a wide range of human and non-human cybersecurity threats, focusing on protecting identities online while providing online and mobile users with a frictionless experience.

BioCatch Biometrics News

 

Permira finalizes $1.3B majority stake acquisition of BioCatch

Permira Growth Opportunities has completed the acquisition of a majority position in behavioral biometrics and fraud prevention business BioCatch, four…

Sep 3, 2024

Banks turn to biometric authentication for ATO prevention, should add behavioral

Banks are increasingly adopting biometric authentication methods, such as facial and fingerprint recognition, to secure customer accounts against Account Takeover…

Jun 27, 2024

Mobile malware, mule accounts driving APAC bank fraud

BioCatch has published its 2024 Digital Banking Fraud Trends white paper on financial crime in the APAC region, and says…

May 2, 2024

VC firm takes majority stake in BioCatch at $1.3B valuation

A private equity firm has struck a deal to take majority ownership of behavioral biometrics and fraud prevention business BioCatch,…

Apr 25, 2024

AI is a major threat and financial organizations are not doing enough to fight it

Behavioral biometrics firm Biocatch’s 2024 AI, Fraud, and Financial Crime Survey does not mince words in assessing how generative AI…

Apr 19, 2024

Nick Bartlow named chief engineer of ROC

Several biometrics companies have announced new leadership. ROC has announced Nick Bartlow will now serve as chief engineer. Identiv has…

Mar 29, 2024

AI fraud may be too much for some financial companies, warns Treasury Dept

The risks of generative artificial intelligence are looming over the financial services industry. As access to more advanced AI tools…

Mar 21, 2024

Financial fraud is exploding, fueled by cheap and easy generative AI tools

If biometrics and digital identity providers seem hyperbolic about the risk of fraud and the importance of data security, consider…

Feb 6, 2024

Data released on rise in romance scams as Valentine’s Day looms

Romance scams rose by 19 percent globally last year, according to data from behavioral biometrics cybersecurity company BioCatch. These scams…

Dec 8, 2023

Fingerprint Cards appoints CRO, ProofID names 2 regional CEOs

Fingerprint Cards AB and ProofID have announced hires for leadership roles. Biocatch and MSite have named new members of their…

Dec 4, 2023

Socure, BioCatch showcase how to fight financial fraud with biometrics

Socure has launched a new product specifically for fintechs while BioCatch warns of increasing mobile fraud. Meanwhile, Baker McKenzie says…

Nov 20, 2023

BioCatch reports big sales milestone in fiscal 2023

Having reportedly passed $100 million in annual recurring revenue, behavioral biometric anti-fraud firm BioCatch has been knighted with so-called centaur…

Nov 10, 2023

Nearly 3 in 4 bank customers comfortable with biometric authentication: Entrust survey

Biometrics are rising in the banking sector: While a New Zealand bank is introducing behavioral biometrics to stop fraud, Indian…

Sep 25, 2023

Behavioral biometrics power anti-fraud tool from BioCatch, deal for Nice

Money mules, people who move money around for criminals, are the most critical part of the fraud and money laundering…

Aug 7, 2023

BioCatch says its anti-fraud app improves fraud detection by 1500%

BioCatch has unveiled a product that it claims is 1,500 percent better than legacy software at detecting fraudulent accounts by…

Jun 28, 2023

‘200% rise’ in voice scams in APAC as gangs pivot to call centers

There has been a 200 percent surge in voice scams from 2022 to 2023 in the APAC region according to…

Jun 23, 2023

Bank biometrics market $18B by ’32; new deals for Illuma, Journey, BioCatch

Financial services customers are warming to biometric authentication and that is pushing growth for vendors. According to new research by…

Jun 2, 2023

BioCatch identifies difficulties adapting to emerging financial threats

New research from behavioral biometrics firm BioCatch has identified concerns from financial institutions about dealing with emerging financial threats, finding…

May 12, 2023

New sales up 130% in BioCatch’s first quarter

Behavioral biometrics firm BioCatch has issued a flattering partial report on its first quarter of 2023. The company, which designs…

May 3, 2023

Investors are finding deals among biometric verification firms

A pair of corporate finance deals that a year ago would have barely broken the water’s surface are in the…

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