BioCatch is a leading software development company that specializes in identifying and preventing bank fraud and money laundering. BioCatch utilizes advanced machine learning algorithms to continuously adapt and improve its fraud detection capabilities. By analyzing user behavior patterns, such as mouse movements, typing speed, and navigation patterns, BioCatch can distinguish between genuine users and potential fraudsters. By integrating its technology into existing security frameworks, BioCatch helps banks and financial organizations enhance their security measures and protect their customers.
BioCatch has secured around $70 million from Sapphire Ventures at a valuation of over $1 billion.
BioCatch, Tel Aviv, Israel, was founded in 2011 by Avi Turgeman, Benny Rosenbaum, and Uri Rivner. BioCatch understands the importance of staying ahead of these threats and continuously investing in research and development. By leveraging artificial intelligence, machine learning, and behavioral biometrics, BioCatch helps banks and financial organizations enhance their security measures and protect their customers.