BioCatch was founded in 2011 to address next-generation digital identity challenges by focusing on online user behavior. Today, customers around the globe leverage BioCatch’s unique approach and insights to more effectively fight fraud, drive digital transformation and accelerate business growth.
While serving in Military Intelligence, founder Avi Turgemen recognized that unique digital interactions from users could be measured and identified to combat online fraud and other cyberthreats.
ESTABLISHING BEHAVIORAL BIOMETRICS
Data scientists continued to perfect technologies that allowed customers to detect fraud patterns, user age, short/ long term memory, stress level, focus, and intent. These determinations revolutionized the relationship between user security and convenience.
With record growth in the year 2019, BioCatch continued to blaze a trail, acquiring AimBrain a fellow cybersecurity solution in the space, as well as securing a $145 Million investment from Bain Capital.
The Leader in AI-Driven Behavioral Biometrics
BioCatch founder Avi Turgeman first pursued the theory that people interact with machines in unique, measurable ways while serving in military intelligence. Drawing on years of experience exploring white-hat hacking, system vulnerability management and cyberterrorist operations, Turgeman turned his attention to financial fraud and the identifiable signatures of cybercriminals, co-founding BioCatch with Benny Rosenbaum.
Today the BioCatch platform is deployed by the top global financial institutions to help them effectively fight fraud, drive digital transformation with confidence and provide a better customer experience. Built on an IP portfolio of more than 60 granted patents, our technology prevents new account fraud, account takeover fraud and detects social engineering voice scams, by analyzing human digital physical and cognitive behavior, generating impressive returns on investment.
BioCatch has been recognized for its industry leadership and cutting-edge approach to behavioral biometrics and digital identity in the CB Insights AI 100, One World Identity Leading Innovators in Identity, Deloitte Technology Fast 500, Florin Awards for Best Innovation in Securing Transactions and more.