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…
BioCatch
Biometric Update regularly authors news about the topic "BioCatch." The following list of links is available to help you find biometrics news related to "BioCatch" and other relevant terms. More topics may be perused by reviewing our comprehensive Biometrics Topics list.
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,…
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…
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…
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…
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…
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…
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