This is due to its deployment at more than 40 global banks and other financial institutions worldwide. BioCatch now analyses more than 1 billion digital sessions per month in real-time for potential fraud and other types of cybercrime to protect online users and their assets.
BioCatch pioneered the use of behavioural biometrics to root out online fraud with its founding in 2011 and the cache of behavioural data it has accumulated over the decade since is unmatched. Through continuous authentication of online sessions, behavioural biometrics flags physical and cognitive device interactions that present potential risk, without collecting personally identifiable information (PII). The company addresses digital identity challenges that exist today, including detecting the use of stolen or synthetic identities at the onboarding stage, recognising account takeovers, and flagging increasingly sophisticated social engineering scams.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.