Socure, BioCatch showcase how to fight financial fraud with biometrics

Socure has launched a new product specifically for fintechs while BioCatch warns of increasing mobile fraud. Meanwhile, Baker McKenzie says biometrics in the financial industry are here to stay.

Socure targets BaaS industry with new offering

Identity verification company Socure has launched a new product targeting a niche in the banking industry valued at $4.2 billion this year. Banking-as-a-Service (BaaS) platforms serve as middlemen that help fintech startups offer regulated services such as lending and deposits by partnering with sponsor …

baas biocatch biometrics biometrics news financial financial fraud financial industry financial services fraud fraud prevention identity identity verification industry mobile product socure targeting verification