Behavioral biometrics power anti-fraud tool from BioCatch, deal for Nice

Money mules, people who move money around for criminals, are the most critical part of the fraud and money laundering industry. Anti-fraud behavioral biometrics provider BioCatch says it has a new weapon to battle them that can identify 98 percent of active mule accounts before existing systems and 70 percent of new mule accounts before the first transfer.

BioCatch Scout link analysis technology detects global criminal networks of connected accounts, devices, and individuals associated with fraud or money laundering. The …

accounts anti-fraud behavioral biometrics biocatch biometrics biometrics news criminals critical deal financial services fraud fraud prevention identify industry laundering money money laundering nice people power systems tool