Acquire new customers, not fraudulent accounts.

Ensure every new application is genuine—no roadblocks for real customers, no openings for fraudsters. Eliminate threats, accelerate trust, and protect your success.

Stop fraudulent
account openings.

Whether it's a bot probing for vulnerabilities or a human fraudster wielding stolen user data, banks today face a constant barrage of increasingly sophisticated and innovative account opening (AO) attacks. BioCatch’s Account Opening Protection utilizes real-time behavioral intelligence to stop criminals from opening accounts and establishing footholds through which to launder future funds.

Behavior as your bouncer.

Together with our customers, BioCatch continues to prevent fraudulent account opening without impacting customer experience, meaning more genuine new accounts and an increase in bank revenue with lower operational costs.

$100M

in scam payments prevented by one regional bank in the U.S. in 2024)

85%

decline in fraud attempts at a leading European bank

70%

reduction in fraud losses ($30 million AUD per year) at a leading Australian bank

70%

reduction in fraud losses (more than $4 million/year) at a top-10 bank in Latin America

Know the difference
between real and fake.

Behavioral intelligence is key to empowering seamless, friction-right experiences for good customers, while fortifying defenses against sophisticated bot attacks and stolen but complete identities that evade traditional controls and often go on to become mule accounts. By continuously analyzing thousands of behavioral signals, BioCatch Account Opening Protection helps our customers stay one step ahead of even the most advanced fraudsters.

How the solution works and what it looks for:

Data familiarity

Identifies genuine users by analyzing how they interact with their own information. Our solution looks for natural typing cadence, thoughtful corrections, and confident navigation. Signs like re-entering key fields with care and avoiding copy-paste behavior indicate the user knows their data and is engaging authentically.

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Bot activity

Detects automated behavior by analyzing input speed, keystroke patterns, and unnatural timing. Flags sessions with identical entries, lack of variability, or delayed final characters. Even bots that mimic human traits are exposed when they fail to replicate the small inconsistencies of real users.

Device risk

Evaluates the device and environment for signs of tampering, such as emulators, spoofed settings, or unfamiliar configurations. Highlights trustworthy users through stable behavior, consistent browser settings, and known networks. Unusual patterns often signal fraud and prevent risky sessions from progressing.

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Application fluency

Analyzes how users interact with forms to assess understanding and intent. Real applicants take time where needed, review key details, and make deliberate choices. Patterns like backtracking, thoughtful pacing, and avoiding skipped fields help confirm that the person is genuinely engaging with the application.

Block the bots.
Enjoy the ROI.

Account opening fraud evolves every day in both complexity and volume. Bots pump fake indentities into the systems of the world, allowing bad actors to create new accounts at scale, through which they then launder the proceeds of future crimes. Using the BioCatch Risk Score in conjunction with risk factors like the bot indicator, low data familiarity, and browser irregularities to soft-decline prior to booking, one of our customers realized a 4,000% ROI.

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Together, we can prevent fraud and financial crime.

Join our global advisors and fraud intelligence experts for a 30-minute deep dive into the latest tactics, techniques, and procedures (TTPs) now exploited by fraudsters in your country to scam your customers and harm your brand.