New sales up 130% in BioCatch’s first quarter

Behavioral biometrics firm BioCatch has issued a flattering partial report on its first quarter of 2023.

The company, which designs its behavioral biometrics algorithms to fight fraud, has reported that it increased new sales in the quarter ended March 31 by 130 percent compared to the first quarter of 2022.

That makes gross new sales during the recent period, BioCatch's "best ever," according to the company.

"We are bullish about our continued growth potential as more financial institutions embrace …

algorithms behavioral biometrics biocatch biometrics biometrics news financial results first quarter fraud march partial report sales the company trade notes