FindBiometrics
Global Identity Management
BioCatch has released a short primer that looks at some of the predictive factors for new account fraud. The post specifically explains how behavioral analytics can offer a glimpse at a user’s short and long-term memory, which in turn can help determine whether or not that user is a legitimate customer or a fraudster. In […]
“…Trulioo advises financial services providers to implement stronger authentication measures like biometrics and One-Time Passcodes, which will make it more difficult for fraudsters to execute account takeover attacks.” Trulioo is the latest security provider to warn about scams that take advantage of COVID-19. The company collaborated with PYMNTS on a new Anti-Money Laundering and Know […]
Unisys has released updated versions of its flagship Stealth(identity) platform and its Software-as-a-Service (SaaS) counterpart. Stealth(identity) 2.7 and Stealth(identity) SaaS 2.0 introduce basic performance improvements and are intended to help organizations address the high volume of COVID-19-related scams. “Both businesses and consumers have had to balance health concerns with the rapid shift to working remotely, […]
Jack Henry & Associates will be integrating NuData’s behavioral biometrics solution into its own Banno Digital Platform. Jack Henry is a payment processing specialist whose clients are drawn primarily from the financial services industry. The partnership with NuData will help financial institutions identify suspicious behavior during log-ins and guard against the threat of account takeover […]
BioCatch is celebrating a major milestone, announcing that it now has more than 150 million behavioral profiles in its database. The company was founded in 2011 and has already gained considerable traction in the financial services industry, providing behavioral biometrics security for more than 40 banks and financial institutions around the world. “With the rapid […]
BioCatch is once again calling attention to the issue of mule accounts. In the latest post on the company blog, the behavioral biometrics specialist explains that mule accounts are an essential component of the fraud supply chain because they give cybercriminals a place to send any money they acquire through illicit means. According to BioCatch, […]
NatWest will be piloting a behavioral biometrics solution from Visa that will satisfy the incoming PSD2 requirements for Strong Customer Authentication. Those requirements will go into effect in 2021, and will force financial institutions to implement an additional layer of security to protect their customers. The new NatWest system could be deployed alongside one-time passcodes […]
Spurred by an increase in online transactions due to COVID-19, Virginia-based fraud prevention platform NS8 has announced it has raised $123 million in a funding round led by Lightspeed Venture Partners, and with participation from AXA Venture Partners. NS8 monitors user behavior factors such as how quickly they navigate between pages, how many times a […]
With the COVID-19 pandemic and associated social distancing efforts having prompted a huge uptick in the mainstream use of digital services, banks are now seeing more online activity than every before. This, in turn, is making online fraud detection more important than ever, and BioCatch has some advice about how financial services organizations can meet […]
ID R&D has unveiled a new IDFraud Contact Center solution to help telecommunications companies fight new account fraud. The solution leverages ID R&D’s voice recognition capabilities to compare the voice of each new caller to prior callers to determine if the same voice has been associated with different personal information. A match could suggest that […]
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