BioCatch uses AI and behavioral biometrics to detect fraud by analyzing thousands of signals, from typing patterns to device interactions, as Visa looks to fight a new generation of scams.

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Founded in 2011, BioCatch developed behavioral biometric technology that uses artificial intelligence and machine learning to identify fraud by analyzing thousands of signals, including typing patterns, device interactions, touch gestures and other digital behaviors. The company’s technology is designed to distinguish legitimate users from criminals who have gained access to accounts through scams, social engineering or other forms of fraud.

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Mazor said the acquisition comes at a critical moment for the financial industry, as criminals increasingly use artificial intelligence to scale attacks and bypass traditional security measures.

He argued that the industry is moving away from traditional point-in-time authentication methods toward continuous monitoring of user intent, assessing whether a person’s actions match legitimate behavior throughout a digital banking session.

Excerpt from CalCalistech article at

https://www.calcalistech.com/ctechnews/article/hjekl70rfx?utm_source=taboola&utm_medium=referral&utm_content=internal