Tag : BioCatch

Visa to Acquire BioCatch
Digital Payments Finance News

Visa to Acquire BioCatch

Business Wire
by Business Wire0
BioCatch’s behavioral and device intelligence expertise expected to help detect scams, account takeovers and digital fraud before they happen Visa announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioral-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in......
Nasdaq Verafin and BioCatch Form Strategic Partnership to Accelerate the Global Fight Against Financial Crime
Fintech News Risk Management Security

Nasdaq Verafin and BioCatch Form Strategic Partnership to Accelerate the Global Fight Against Financial Crime

GlobeNewswire
by GlobeNewswire0
Partnership combines industry-leading consortium data and behavioral intelligence to bolster financial institutions’ defense against fraud Nasdaq Verafin and BioCatch announced the formation of a strategic partnership to leverage their complementary technology solutions in the fight against payments fraud. The partnership aligns Nasdaq Verafin’s fraud detection platform and consortium data network......
Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation
Fintech News

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

PR Newswire
by PR Newswire0
Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention BioCatch (the “Company”), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence,......
BioCatch Releases Inaugural Annual Report on AI's Impact on Digital Fraud and Financial Crime
Finance Fintech News

BioCatch Releases Inaugural Annual Report on AI’s Impact on Digital Fraud and Financial Crime

PR Newswire
by PR Newswire0
Survey of 600 Fraud-Fighters in 11 Countries on Four Continents Shows Paradox of Financial Institutions Already Using AI Tools to Defend Themselves as Criminals Launch AI-Super-Charged Attacks Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in BioCatch’s first-ever AI-focused fraud and financial crime report say criminals are more......
BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA
Banking News

BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA

Fintech News Desk
by Fintech News Desk0
Study reveals rise in social engineering scams and theft of devices as scammers adapt and innovate tactics – incorporating AI to target individuals. In a report released by BioCatch – the global platform in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence – published findings showing......
BioCatch Partners With Google Cloud
Banking News

BioCatch Partners With Google Cloud

Fintech News Desk
by Fintech News Desk0
BioCatch’s next-generation fraud-detection, scam-prevention, and anti-money-laundering solutions help banking and financial services organizations combat increasingly sophisticated digital financial crime. BioCatch, a leading force in the realm of digital fraud detection and financial crime prevention through behavioral biometric intelligence, has unveiled a strategic collaboration with Google Cloud. This partnership aims to......
ABNB Federal Credit Union Launches BioCatch on Alkami Digital Banking Platform
Banking News

ABNB Federal Credit Union Launches BioCatch on Alkami Digital Banking Platform

Fintech News Desk
by Fintech News Desk0
Technology leverages behavioral biometrics for faster, more secure transactions Alkami Technology, Inc, a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced its client, ABNB Federal Credit Union, has launched the BioCatch solution via the Alkami Platform to protect members from fraud attacks and cybercrime......
American Express Elects Charles Phillips to Board of Directors
Banking Fintech Fintech Funding Investment Services News

Major Global Banks Invest $20 Million in BioCatch and Join American Express Ventures on New Client Innovation Board

Fintech News Desk
by Fintech News Desk0
Pioneer in using online behavior for fraud detection and consumer protection extends funding round BioCatch, the global leader in behavioral biometrics, today announced that four major global banks – Barclays, Citi, HSBC and National Australia Bank (NAB) – have invested $20 million in the company, extending the company’s recent Series C......
Experian’s Precise ID® Solution Is Helping Prevent and Detect Improper and Fraudulent Unemployment Insurance Payments
Fintech News

Experian and BioCatch Provide a Global Financial Services Provider With a 73% Lift in Fraud Detection

Fintech News Desk
by Fintech News Desk0
Layered behavioral biometrics, device intelligence and machine learning drive stronger account opening fraud detection and substantial operational improvements Amidst the pandemic, consumers have progressively shifted more and more of their activities online. Concurrently, there has been a surge in fraudulent attempts – industry data suggests that, since the beginning of......
BioCatch Appoints Mark Elliot Chief Marketing Officer
Fintech News

BioCatch Appoints Mark Elliot Chief Marketing Officer

Fintech News Desk
by Fintech News Desk0
BioCatch, the global leader in behavioral biometrics, announced that Mark Elliot has joined the senior leadership team as Chief Marketing Officer. In this role, Mark will lead all marketing efforts and grow the brand globally as BioCatch looks to broaden its product offerings and further support its expanding client base......
1