October 17, 2017 3:40 AM ET

Software

Company Overview of BioCatch Ltd.

Company Overview

BioCatch Ltd. develops and delivers technology solutions for cyber threats. The company offers CyberCatch, an online account protection solution that enables continuous transparent authentication for online accounts, such as online banking, small business banking, online trading, eCommerce, online payments, and other online applications; and MobiCatch, a mobile application protection solution that provides behavioral biometrics authentication for mobile banking, mobile wallets, mobile payment applications, and other mobile application based accounts. Its products are used in various commercial online environments. The company was founded in 2010 and is based in Lod, Israel.

6 Hamelacha Street

Lod Industrial Area

Lod,  71520

Israel

Founded in 2010

Phone:

972 7 22150779

Key Executives for BioCatch Ltd.

Chief Executive Officer
Co-Founder and Vice President of Business Development & Cyber Strategy
Founder and Chief Technology Officer
Vice President of Research & Development
Chief Science Officer
Compensation as of Fiscal Year 2017.

BioCatch Ltd. Key Developments

Lexisnexis Risk Solutions Inc. and BioCatch Work Together to Help Companies in all Industries Bolster Efforts to Stymie Fraud Scenarios, Like Application Fraud

LexisNexis® Risk Solutions and BioCatch announced that they are working together to help companies in all industries bolster efforts to stymie fraud scenarios, like application fraud. As a result of this new relationship, companies will receive additional risk scores through the LexisNexis® Risk Defense Platform that expand on the data typically provided by the customer (which can be compromised) by analyzing how the user behaves (which is innate). During the application process, this solution monitors behavior and is able to discern between a real user and an impostor. This approach is achieved by recognizing normal user behavior and fraudster behavior, which includes Application Fluency, how well a user knows the site; Navigational Fluency, how well a user knows various computer functions, and Data Familiarity, how well a user knows the information they are entering. Integrating behavioral biometrics to detect criminal behavior has proven to be very successful and has already prevented major financial losses. To date, BioCatch has secured over 23 patents including an additional 25 filed, and works with a number of major banks for which they monitor 4 billion transactions a month.

BioCatch Ltd. Presents at Digital Banking 2017, Jun-13-2017 12:00 PM

BioCatch Ltd. Presents at Digital Banking 2017, Jun-13-2017 12:00 PM. Venue: Austin, Texas, United States. Speakers: Kevin Donovan, Vice President of Sales Americas.

Nuance Communications, Inc. Teams with BioCatch to Expand Fraud Detection Across Digital Customer Care Channels

Nuance Communications, Inc. announced from the RSA Conference that it has partnered with BioCatch to deliver continuous authentication on the web and mobile as part of the Nuance Security Suite solution. Through this partnership, Nuance is expanding its Security Suite to take fraud prevention beyond the contact center by combining digital inputs to more accurately detect fraud across multiple channels in the FraudMiner platform. Through the partnership, Nuance will incorporate BioCatch's behavioral biometrics data within its voice biometrics and facial biometrics platform, adding a unique layer of protection that allows organizations to flag potentially fraudulent activity based on inconsistencies in the way a person interacts with a device or an application. By learning how a person typically uses their keyboard or mouse or, for example, how they swipe and tap on their mobile device screen, or toggle between fields, BioCatch builds a unique behavioral user profile, and can then flag any anomalies in a session, generating an alert that an unauthorized person may be accessing the device. Organizations that acquire Nuance Security Suite and the BioCatch solution will have this unified capability offered via the FraudMiner interface, giving fraud managers a holistic view of fraud across all customer channels.

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