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…
BioCatch
Biometric Update regularly publishes posts about the topic "BioCatch." The following set of links is available to assist you with finding biometrics news related to "BioCatch" and other relevant terms. More topics may be perused by reviewing our entire Biometrics Topics list.
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…
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…
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…
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…
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…
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…
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…
‘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…
Biometric Market Analysis and Buyer's Guides
- Injection Attack Detection
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- Deepfake Detection
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