BioCatch Prolongs Partnership with Microsoft Azure

BioCatch Prolongs Partnership with Microsoft Azure
09.06.2016 08:00 am

BioCatch Prolongs Partnership with Microsoft Azure

Authentication Technology

BioCatch™, the global leader in Behavioral Authentication and Malware Detection, announced today the integration of additional Microsoft Azure capabilities into its behavioral biometrics technology, enhancing BioCatch’s ability to detect and fight financial fraud at some of the largest banks and ecommerce sites around the world.

BioCatch currently monitors over one billion transactions per month across several use-cases such as account takeover, high-risk transaction, same-day payments and New Account Fraud, relying on Azure to help power its full suite of behavioral biometric-based capabilities.

Detecting New Account fraud in retail banking, credit card, eCommerce sites and other online payment portals is especially challenging, given that most fraudulent accounts can only be detected weeks after they are first opened. In addition to detecting fraud during the account initiation process, BioCatch’s technology can help organizations introduce a smoother and faster onboarding process for their respective customers.

“Microsoft Azure has given our technology teams the ability to create, iterate and rework our platform to fit the specific needs of our varied customers around the world,” said Tal Moyal, VP R&D of BioCatch, “and will continue to play an increasingly important role for BioCatch as we build out our capabilities.”

Nicole Herskowitz, senior director of product marketing, Microsoft Azure, Microsoft Corp. said, “Microsoft Azure is a cloud computing platform that empowers innovative startups like BioCatch which in turn helps to protect 33 million users.  We look forward to continued collaboration with BioCatch as they build out their Behavioral Authentication and Malware Detection solutions.”

BioCatch will be holding a webinar on New Account Fraud on Thursday, June 9 at 11:30 am EST. Please register here.

Related News

iProov to provide facial authentication for NHS login across Android and iOS

iProov, the world leader in spoof-resistant, biometric authentication technology, today... Read more »

iProov brings biometric authentication to the web browser

iProov, the world’s leading provider of biometric authentication technology, today announced the launch of iProov Web, bringing genuine... Read more »

Daon To Deliver Onboarding and Mobile Biometric Authentication to TONIK Digital Bank

Daon, a global leader in biometric identity technology, today announced that it will deliver onboarding and mobile biometric authentication solutions to TONIK Digital Bank Inc... Read more »

IDEX Biometrics set to drive down cost of biometric smartcards with new TrustedBio™ family of products and solutions

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, today announced the launch of TrustedBio™ — a new... Read more »

MYPINPAD Launches Global ‘I Love SPoC’ Campaign with Exclusive London Event

The global leader in secure customer authentication solutions, MYPINPAD, last week firmly took the reins in educating the wider fintech... Read more »

iProov’s cross-platform biometric technology now available beyond mobile

iProov, a leading provider of biometric authentication technology, today announces that its Verifier product is now... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel