BioCatch

Behavioural biometrics for detecting account takeover, scams and mule accounts

Overview

BioCatch was co-founded in 2011 by Avi Turgeman and Benny Rosenbaum and spent five years on research before deploying its account takeover product at tier-one banks in the UK, Spain and Brazil in 2016[6]. Bain Capital led a growth round in 2019–2020; Permira made an initial investment in 2022 and became majority shareholder in 2024 by buying out earlier investors[6].

BioCatch analyses how users interact with devices, such as typing rhythm, mouse movement and touch patterns, to distinguish genuine customers from fraudsters, bots and victims being coached by scammers. Its BioCatch Connect platform unites real-time telemetry, behavioural analysis and predictive models[6]. Solutions cover account opening protection, account takeover protection, mule account detection, social engineering scams through Scams360, device intelligence through DeviceIQ, and strong customer authentication[6].

BioCatch Trust is a network that shares intelligence among participating banks[6]. Its strength is detecting authorised push-payment scams, where the real customer logs in and transfers money under instruction; other systems that rely on credentials or device recognition often see such sessions as legitimate. Pricing is not published.

BioCatch features

  • Behavioural biometrics
  • Account takeover protection
  • Scams360 social engineering detection
  • Mule account detection
  • DeviceIQ device intelligence
  • BioCatch Trust network

BioCatch pricing

Quote-based.

BioCatch strengths and limitations

Strengths

  • Detects coached-victim scams
  • Mule account detection
  • Inter-bank intelligence network

Limitations

  • Focused on banking rather than ecommerce
  • Requires SDK integration in apps and web
  • No published pricing

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