BioCatch, which reportedly aims to prevent financial crime by recognizing patterns in human behavior, announced an upgrade to its digital fraud- and financial crime-detection platform. BioCatch Connect 2.0 now features BioCatch Align, a singular SDK that unifies signal collection (behavior, device, network, transactional, and application), and BioCatch Link, which maps connections between “users, devices, and payments to uncover hidden money laundering networks.”
Connect 2.0 arms FIs with the platform to combat the fraud and financial crimes — from account takeover and “account opening fraud to scams, deepfakes, money laundering, and the emerging generative and agentic AI-powered threats of tomorrow.”
BioCatch Connect 2.0 offers FIs a platform they can implement just once to protect against all kinds of fraud and financial crimes, as bad actors turn to an ever-expanding “suite of AI tools to hone and scale their attacks.”
BioCatch says it prevents financial crime by recognizing patterns in human behavior, collecting “more than 3,000 anonymized data points – keystroke and mouse activity, touch screen behavior, physical device attributes – as people interact with digital banking platforms.”
With these inputs, BioCatch’s machine-learning models reveal patterns in user behavior and “provide device intelligence that distinguishes the criminal from the legit.”
