“BioCatch’s approach here is notable for not needing to rely on specialized hardware, making it another one of the many behavioral metrics – the company says it uses 2,000 of them – that can be analyzed by BioCatch’s technology via a software-based approach.” BioCatch has further solidified its IP holdings with a newly granted patent,…
“Metadata pertaining to things like device identifiers and online identity will be leveraged together with analysis of behavioral patterns and other AI systems to verify that users are who they say they are without any friction.” BioCatch has issued its top ten predictions of cybercrime trends anticipated for 2019, and there’s actually a bit of good news…
While it’s undoubtedly seen as a regulatory obstacle by many organizations, the European Union’s PSD2 is helping to pave the way for open banking, requiring financial institutions to allow Third-party Payments Providers, or TPPs, to interface with them via APIs. This represents an opportunity to foster greater fluidity and convenience in banking for consumers, but…
“At this year’s Money20/20, biometric technology wasn’t just an exciting novelty – it was a force to be reckoned with, and one that is now an elemental component of FinTech.” In the course of its run, FindBiometrics’ webinar series has gathered some renown, thanks in large part to the expertise of its participants – frequently…
“…while they say that what happens in Vegas stays in Vegas, that doesn’t always strictly hold true.” With biometric technology playing an ever-expanding role in securing customers and service providers in the banking and financial services industry, many of the major players in biometrics converged in Las Vegas last week for this year’s US-based Money20/20…
“We have experienced first-hand the significant return on investment that BioCatch provides and this comes from not only catching the fraud that traditional solutions miss, but from reducing the operational costs and lost customer revenue that comes from too much disruption in the digital channel.” -Rodrigo Colossi, IT Superintendent, Itau Unibanco Behavioral biometrics specialist BioCatch has…
![[Money20/20] Biometrics and AI Converge in Expert FinTech Panel](https://mobileidworld.com/assets/Biometrics-Superheroes-620x350.jpg)
If there’s one exciting trend in payments right now, it’s the rise of biometrics, and so it was no surprise to see “Digital Identity & Biometrics” emerge as one of the four central themes of the opening day of this year’s Money20/20 event in Las Vegas. And an expert panel comprising representatives of some of…
BioCatch is raising the alarm over cross-channel fraud. As the company explains in a new blog post, “cross-channel fraud” simply refers to fraud conducted between two multiple different channels – for example, using a phishing attack via social media to get a user’s credentials for their bank’s web app. It’s a way of exploiting businesses’…
Money20/20 has announced a high-profile addition to its lineup of keynote speakers: Sir Richard Branson, the founder of the Virgin Group. Branson’s participation comes by way of a partnership with artificial intelligence specialist Feedzai, whose CEO, Nuno Sebastiao, will interview Branson onstage. Their talk is entitled, “Nuno & Sir Richard: New Tech, New Banks, New…
“Jay’s interest in joining BioCatch is a validation of the significant market potential for digital identity solutions like ours that enhance online security without disrupting the user experience.” – Howard Edelstein, BioCatch Chairman and CEO Behavioral biometrics specialist BioCatch has announced a new appointment to its board of directors: former JPMorgan Chase senior investor Jay Mandelbaum.…
Experian is bringing yet more biometric capabilities to its CrossCore anti-fraud platform, thanks to a new partnership with Acuant. The latter is bringing to the table its AssureID solution, which combines document reading with facial recognition in order to match end users against their government-issued IDs. In a statement announcing the partnership, the companies suggested…
Mobile ID World and FindBiometrics were in Amsterdam this week reporting live from Money20/20 Europe, where biometrics were an integral part of the conversation. From the main stage to the exhibition floor, biometrics are the buzz this year, with day-one keynotes from Biocryptology and Mastercard framing identity and authentication as crucial components to the FinTech…
Mobile ID World and FindBiometrics are in Amsterdam this week for Money20/20 Europe, where we are reporting live from the conference floor on all the biometrics and identity-centric news from what’s billed this year as “The greatest FinTech show on Earth.” This year’s Money20/20 Europe boasts over 5000 attendees, 1500 companies, and 400 speakers from 85…
