Behavioral biometrics solutions company BioCatch announced a partnership with Nuance Communications this week. Through the partnership, Israel-based BioCatch will leverage consumer behavior to power continuous authentication for the Nuance Security Suite solution.
BioCatch’s technology builds a profile for users that consists of how they use their keyboard, mouse, or mobile phone screen. When the system detects anomalies within a client’s session, it generates an alert that signals the user may be a fraudster. This fraud prevention solution will be available through Nuance’s FraudMiner interface and to help banks to more accurately detect fraud across channels.
In the press release Eyal Goldwerger, CEO of BioCatch said, “In today’s digital world, hackers have figured out how to bypass the initial authentication and piggyback on existing logins,” he added, “One of the only ways to detect
this is through continuous authentication and by extension, behavioral biometrics, because it works in the
background, passively, without disrupting the user experience. By bringing together our behavioral biometrics
and Nuance’s voice biometrics, we are able to solve this problem and secure transactions holistically across
After the user logs into a session, BioCatch can accurately detect fraud that comes from malware, account takeovers, and social engineering. Since these methods can be very difficult to detect using traditional fraud detection methods, Nuance anticipates that the addition of BioCatch’s technology will augment the immediate return on investment for its clients.
Founded in 2011, BioCatch demonstrated its Passive Biometrics and Invisible Challenges at FinovateFall 2014 in New York. In late 2016, the company launched an enterprise version of its behavioral biometrics platform and in April, BioCatch appointed Eyal Goldwerger as CEO.