ThreatMark raises $23M to combat fraud as volumes hit grim milestones
While money is rapidly flowing into the coffers of criminals carrying out fraud around the world, capital is being invested…
BioCatch
Biometric Update regularly authors news regarding the term "BioCatch." The following list of links is available to assist you with finding biometrics news concerning "BioCatch" and other relevant terms. Additional topics may be perused by reviewing our complete Biometrics Topics list.
BioCatch Trust Network launches in Australia to enable banks to exchange data
Collaboration is key to the most effective fraud detection: so says behavioral biometrics firm BioCatch, which has issued a release…
North American banks struggle with deepfakes, social engineering
Financial institutions in North America face a spike in fraud schemes, with social engineering scams increasing tenfold in the past…
ATO prevention remains top focus for key biometrics firms
Account takeover (ATO) fraud continues to be a concern, and as a result, digital identity industry leaders are introducing new…
Behavioral biometrics, analytics options aplenty as financial fraud gets more complex
As businesses play tug-of-war with increasingly sophisticated fraud tactics, the cost of fraud has risen to new levels, now amounting…
Malware fraud in LATAM rises sharply with persistent ATO attacks, BioCatch says
A new report reveals a surge in malware-driven fraud in Latin America, with cases increasing by 113 percent over the…
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…
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…
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…
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,…
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