BioCatch says investment firm Permira has acquired a “significant” stake in its fraud detection company. The company, which has offices in New York and Tel Aviv, announced Permira’s acquisition Wednesday (May 3), noting it was now BioCatch’s third largest shareholder after Bain Capital and Maverick...
The mobile phone, increasingly, is becoming the means through which criminals are impersonating unwitting victims, and stealing from them. The FBI said earlier this month in an official warning that Subscriber Identity Module – or SIM – swapping scams are gaining popularity. The schemes target fiat and...
Behavioral biometric technology is having a moment in the spotlight, thanks to new European banking rules, the rise of machine learning and artificial intelligence, and the never-ending drive to replace passwords. Recent investment and at least one major acquisition signal even brighter times ahead for...
Criminals are always on the hunt for new opportunity. As companies settle into a world governed by Europe’s second Payment Services Directive (PSD2), and as financial institutions (FIs) and FinTech companies explore the possibilities of faster payments and unbundled banking, attention to how to secure...
August 03, 2017
Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with glee. But Uri Rivner, BioCatch co-founder, head of cyber strategy and vice president, said in a recent webinar with PYMNTS’ Karen Webster that things are getting better — and the U.S. […]
October 18, 2023
Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs), using the Q2 Digital Banking Platform. This solution, developed in partnership with Q2, provides advanced authentication features within the mobile banking platform, offering a consistent user experience across multiple channels. […]
May 03, 2023
BioCatch says investment firm Permira has acquired a “significant” stake in its fraud detection company. The company, which has offices in New York and Tel Aviv, announced Permira’s acquisition Wednesday...
June 09, 2016
BioCatch, a global behavioral authentication and malware detection company, announced on Wednesday (June 8) that it will extend its collaboration with Microsoft Azure to increase its behavioral biometrics technology capabilities....
June 26, 2015
Just days after Amazon announced that Amazon Echo, its voice-controlled smart speakers, are now available for everyone to purchase, the eCommerce giant rolled out another big piece of news for...
