Shield your business from stolen and fake data
Financial institutions must distinguish between real customers and fraudsters—instantly and accurately. Cybercriminals use stolen credentials, bots, and other tactics to create new accounts under someone else’s name. The challenge isn’t just stopping fraud—it’s doing so without disrupting the experience for genuine applicants, or risk losing them to frustration and abandoned applications. As fraud tactics evolve in volume and complexity, the need for seamless, intelligent protection has never been greater.
Account opening fraud
in the time of
digital banking
Digital banking account openings present a serious risk—both to financial institutions and to individuals whose identities are stolen. The challenge? Creating a seamless application process for real customers while stopping fraudsters in their tracks. Without the right protections in place, financial losses, increased exposure to risk, and reputational damage are inevitable. BioCatch’s Account Opening Protection delivers real-time security, leveraging behavioral intelligence to detect and prevent fraudulent account creation. Secure your institution, protect your customers, and remain ahead of the constant barrage of growing fraud tactics.
Application fluency
Cybercriminals are familiar with the application form. They navigate the website quickly to fill out mandatory fields without thought.
Expert user patterns
Cybercriminals display advanced computer skills, using control shortcuts such as tabs between fields and function keys.
Low data familiarity
Cybercriminals will not be familiar with customer-unique data, and the cadence for data entry will not match.
Bot activity detection
Cybercriminals will oftentimes use bots to speed the application process; however, bots cannot replicate human behavior.
Age analysis
Cybercriminals cannot easily adapt to a typing cadence and pattern that aligns with a customer’s age.
use cases
Identity fraud
Automated software (bot) fraud
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Request an intelligence briefing
Join us for a 30-minute deep dive with a BioCatch expert to learn the latest tactics, techniques, and procedures (TTPs) fraudsters use to scam your customers and harm your brand.
