BioCatch

BioCatch Trust™ is the world’s first inter-bank, behavior- and device-based, financial crime intelligence-sharing network. The BioCatch Trust™ Network evaluates both the sending and receiving accounts in digital banking transactions, assessing the risk they may be involved – intentionally or unintentionally – in fraud, scams, or money laundering activities. The network then shares that intelligence with the sending institution, allowing it to evaluate and halt, if necessary, suspicious transactions before the would-be victim loses any money, providing the most reliable defense on the market to date against those scams – romance, email-account-compromise, investment, and others – where the scammer manipulates their victim outside of a digital banking session. Learn more about BioCatch Trust™: https://okt.to/63cqrl #FinancialCrime #FraudPrevention #BankingIndustry

Fraud is a global epidemic costing victims nearly $500 billion annually. But not all countries face the same threats or fight back in the same way. Jonathan Frost’s latest blog explores: • Fraud’s varying impact across nations • Key strategies countries like the UK, Australia, and Singapore are deploying • Why global cooperation is critical to winning this battle Learn how the world is fighting back: https://okt.to/Of0XeV #FinancialCrime #FraudPrevention #BankingIndustry

Regulators are watching, scammers are evolving, and customers are demanding better solutions. In his latest blog, Al Pascual explains how banks can rise to the challenge by combining advanced tech with customer-focused strategies. Read it now: https://okt.to/LrhuNZ #FinancialCrime #FraudPrevention #BankingIndustry

Thank you to all the fraud fighters! On Dec. 11, we were honored to host Fraud Fighters London, a memorable gathering of anti-fraud and financial crime experts. A special thanks to all the professionals who shared their invaluable insights, and a big shoutout to Chris Sheehan for his impactful session, Australia Process and Perspectives on Trust™. Be part of our growing fraud-fighting community and stay tuned for upcoming local events near you! #FinancialCrime #FraudPrevention #BankingIndustry

On Monday, Australia's Financial Integrity Hub (FIH) awarded BioCatch its Excellence in Innovation award for the launch of our BioCatch Trust™ network. We're honored to be recognized by the FIH, which seeks to facilitate a better understanding of economic crime and greater cooperation between academia, industry, and government to combat this ever-evolving threat. Today and every day, we fight fraud together. We share this award with our fellow fraud fighters in Australia and around the world. #FinancialCrime #FraudPrevention #BankingIndustry

TRENDS Research & Advisory and the UAE Cybersecurity Council revealed the findings of The 2024 State of Scams in the United Arab Emirates opinion survey report, which was conducted in partnership with the Global Anti-Scam Alliance (GASA) and BioCatch. The report offers future visions of scam trends and strategies for combating them. Read the report by clicking on this link: https://bit.ly/3ZD7NJd #Polls_to_Keep_you_Informed

It is time for the federal government to take charge in the war against fraud.  Thanks to #BioCatch for allowing me to share my views on how this can be accomplished.

BioCatch joins Q2’s digital banking platform via the Q2 Partner Accelerator Program, bringing advanced behavioral biometric fraud detection to more financial institutions. This integration empowers banks to detect and stop fraud in real time, safeguarding customers and enhancing trust in digital banking. Learn more: https://okt.to/lCp6Ms #FinancialCrime #Partnership #BankingIndustry

As we wrap up this year's #Mulevember, BioCatch and ACAMS invite you to an exclusive webinar: "Prevent Financial Crime with Behavioral Biometrics and Link Analysis." On Dec. 9, join us to learn how to expose criminal networks, improve investigative efficiencies, and detect money laundering accounts BEFORE the damage is done. Meet the experts: • Kevin Donovan - SVP of emerging solutions and networks at BioCatch • Valerie M. - Supervisor, account protection at BCU Register now: https://okt.to/gYfDBr #FinancialCrime #AML #Webinar

We’re excited to partner with the Global Anti-Scam Alliance (GASA) on its latest State of Scams in the United Arab Emirates report. Nearly a third of respondents reported losing money to scams in the past year, with an average loss of $2,194. Additionally, more than half of them encountered scams at least once a month. Download the full report here: https://okt.to/5fzIAy #FinancialCrime #FraudPrevention #BankingIndustry