BioCatch introduces new fraud protection capability

Thursday 15 April 2021 13:16 CET | News

BioCatch has released a fraud protection capability that offers continuous visibility into online banking sessions to detect the signs of cybercriminal activity.

The BioCatch platform analyses an online user’s physical and cognitive behaviour throughout the entire digital session, rather than simply at a single point such as at log in or point of payment. With this new capability, BioCatch customers can define their acceptable level of risk and now receive proactive alerts during sessions via Push API to benefit from real-time risk insights and an extra layer of security.

BioCatch monitors over 200 million individual behavioural profiles and analyses more than two billion digital sessions per month for its customers to distinguish between genuine users and cybercriminals. BioCatch’s technology, powered by machine learning, leverages digital behaviour datasets to determine whether an online session is likely to involve a customer or a fraudster. 

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Keywords: biometrics, risk management, fraud prevention, online banking, cybercrime, API, machine learning, product launch
Categories: Fraud & Financial Crime
Countries: United States
This article is part of category

Fraud & Financial Crime