From banking trojans to social engineering scams, online and mobile banking channels are vulnerable to an ever-growing range of cyberattacks. To keep up, retail and commercial banks need online banking security measures that criminals can’t circumvent.
Behavioral biometrics is an AI-driven technology that is enabling banks to stand up against the sharp increase in online fraud and its many varieties — all while improving the user experience. One of the biggest benefits of behavioral biometrics is the technology’s versatility.
Use cases include:
- Preventing account opening fraud
- Detecting social engineering scams
- Stopping remote access and malware attacks
- Monitoring open APIs
- And more
Whatever your most pressing needs, be it strong customer authentication under PSD2, providing a better user experience, or stopping the latest financial scam, BioCatch behavioral biometrics is a dynamic technology solution uniquely positioned to address online banking security issues and risks.
Take a look at the many use cases for retail and corporate banking in this infographic.
View a larger version of the infographic here.