BioCatch’s category-defining behavioral biometrics technology protects more than 40 of the world’s largest financial institutions, their clients and their clients’ assets from online banking fraud and other types of criminal activity, including sophisticated social engineering voice scams. Unlike traditional digital security methods such as usernames and passwords, which are easily compromised, behavioral biometrics monitors user behavior throughout each online session, providing continuous protection and ensuring a secure and seamless online experience. The company’s behavioral biometrics data set contains over 150 million individual behavioral profiles and analyzes more than a billion digital sessions per month, making BioCatch far and away the industry leader.
“This prestigious recognition by CB Insights as one of the world’s most transformative fintech companies is a testament to the insights provided by our Board and the hard work and dedication of our talented BioCatch team,” said Chairman & CEO Howard Edelstein. “We are constantly developing new fraud prevention solutions for our growing list of clients using powerful artificial intelligence and machine learning insights. Our rapid growth demonstrates the strong demand for our technology and the trust our clients place in us to protect them and their own customers from cyberattacks.”
CB Insights' Intelligence Unit selected BioCatch from a pool of 16,000 companies based on several factors including company business models, momentum in the market and Mosaic scores, as well as CB Insights' proprietary algorithm that measures the overall health and growth potential of private companies.
BioCatch revenues have been growing at an annual rate of over 150%.About BioCatch
BioCatch pioneered behavioral biometrics, which analyzes an online user’s physical and cognitive digital behavior to protect users and their data. Today, customers around the globe leverage BioCatch’s unique approach and insights to more effectively fight fraud, drive digital transformation and accelerate business growth. With nearly a decade of data, over 50 global patents and unparalleled experience analyzing online behavior, BioCatch is the leader in behavioral biometrics. For more information, please visit www.biocatch.com.