BioCatch Trust™ Australia: Unite to Stop Financial Crime
Australia has made remarkable strides in combating fraud and financial crime, but the challenge remains significant, with over AUD $2.7 billion lost in 2023. As criminals exploit advanced technologies like Generative AI and deepfakes, traditional methods struggle to keep up.
Enter BioCatch Trust™—a groundbreaking, behavior-based financial crime intelligence-sharing network that takes a new approach to fraud, scam, and financial crime mitigation by looking beyond the transaction and pushing the boundaries of payment risk assessment to include the receiving bank.
Download the solution brief to learn how financial institutions in Australia leverage BioCatch Trust to transform real-time insights into a collaborative shield against fraud and financial crime activity that protects over 18 million online banking users, or more than 80% of Australia’s adult population.