KuppingerCole Report
Executive View
By John Tolbert

BioCatch

BioCatch is an innovative Fraud Reduction Intelligence Platform (FRIP). Their three-part solution in this space consists of Policy Manager, Case Manager, and Analyst Station, which are used by fraud analysts and operations teams to determine appropriate actions in response to indicators. BioCatch utilizes industry-leading passive biometrics for not only user behavioral analysis but also cognitive analysis to help their customers make better and more informed risk decisions by looking for signs of criminal activity in online sessions. With deep expertise in the financial industry, BioCatch should be considered by financial institutions as a primary means of reducing fraud.

1 Introduction

Fraud is a major cost to businesses worldwide. Multiple reporting sources estimate that total related cybercrime costs will reach $6 trillion by 2021 ...

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2 Product Description

BioCatch is a well-funded, late-stage venture-backed FRIP service provider that was founded in Tel Aviv in 2011. They have offices around the world an ...

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3 Strengths and Challenges

Fraud is a pervasive problem across multiple industries, especially finance, payments, insurance, and retail. Fraud is a direct drain on the bottom li ...

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Copyright

©2020 KuppingerCole Analysts AG all rights reserved. Reproduction and distribution of this publication in any form is forbidden unless prior written permission. All conclusions, recommendations and predictions in this document represent KuppingerCole´s initial view. Through gathering more information and performing deep analysis, positions presented in this document will be subject to refinements or even major changes. KuppingerCole disclaim all warranties as to the completeness, accuracy and/or adequacy of this information. Even if KuppingerCole research documents may discuss legal issues related to information security and technology, KuppingerCole do not provide any legal services or advice and its publications shall not be used as such. KuppingerCole shall have no liability for errors or inadequacies in the information contained in this document. Any opinion expressed may be subject to change without notice. All product and company names are trademarksTM or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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