BioCatch

Overview

BioCatch is a technology company based in Israel, specializing in behavioral biometrics and fraud detection solutions within the software industry. Founded in 2011, the company operates in various sectors, including business intelligence software and information technology services. BioCatch focuses on enhancing financial security for banks and financial institutions by leveraging its innovative behavioral-based detection technology. This technology aims to combat the rising threat of financial crimes, including online scams and fraud, which have become increasingly sophisticated. A recent white paper published by BioCatch discusses the regulatory landscape in Thailand, highlighting the government's efforts to address financial crime, particularly the use of money mule accounts that facilitate money laundering. The document outlines the challenges faced by authorities in combating these crimes and emphasizes the role of BioCatch's solutions in empowering financial institutions to detect and prevent fraudulent activities. With a workforce of 201 to 500 employees and reported revenue of approximately $54.6 million, BioCatch continues to position itself as a key player in the fight against financial fraud.

Industry