BioCatch Strengthens Collaboration With Microsoft Cloud for Monetary Companies



NEW YORK, NEW YORK –– JUNE 07, 2023 — BioCatch, a world chief in fraud detection, immediately introduced the worldwide growth of its behavioral biometric intelligence options in collaboration with Microsoft and now accessible as an providing for Microsoft’s Cloud for Monetary Companies (FSI Cloud).

Microsoft Cloud for Monetary Companies offers capabilities to ship differentiated experiences, empower workers, and fight monetary crime whereas facilitating safety, compliance, and interoperability. 

Working with Microsoft since 2011, BioCatch offers efficient and complete anti-fraud help, and thru Microsoft Cloud for Monetary Companies, BioCatch can lengthen additional protections for banks transitioning to cloud-based operations for a protected, frictionless digital expertise for customers. 

BioCatch and Microsoft reliably allow shopper protections towards fraud via BioCatch’s behavioral biometrics software program and Azure’s clever banking platform, underscoring the affect the answer alignment has had with monetary establishments for over a decade.

BioCatch and Microsoft have been nice companions for us in our mission to guard M&T banking clients from dangerous fraud assaults,” says Aaron Steinitz, Director of Enterprise Fraud Coverage and Governance, M&T. “The visibility we get into the info by leveraging BioCatch’s expertise through Microsoft Azure permits our fraud groups to swiftly deal with advanced fraud assaults and cut back handbook evaluations, giving our clients higher safety and an improved expertise.”

“We’re excited to proceed working with Microsoft to supply behavioral biometric cloud-based fraud safety resolution for monetary establishments trying to cut back threat for his or her cloud operations,” stated Eyran Blumberg, BioCatch COO. “As banks and fintech companies take their operations to the cloud, risk actors trying to exploit cloud vulnerabilities and rip-off the patron turn into a bigger downside. BioCatch is proud to supply the required and efficient options for monetary establishments to proceed rising in the suitable route, with the essential understanding that their shopper accounts are saved protected.”

One of many key components of BioCatch’s expertise now being accessible for Microsoft Cloud for Monetary Companies is the power for monetary providers organizations to buy BioCatch’s options via Azure Market. This accessibility permits them to seamlessly mix their transition to cloud-based monetary operations with a confirmed behavioral biometrics resolution that may analyze billions of classes per 30 days for its customers. By this, Azure offers enhanced threat administration and safety for patrons via a seamless person expertise.

“We’re happy that BioCatch is tapping into the facility of Microsoft Cloud for Monetary Companies to assist monetary establishments unlock enterprise worth and deepen buyer relationships,” stated Invoice Borden, Company Vice President, Worldwide Monetary Companies, Microsoft. “We stay up for the improved alternatives it will deliver to our joint clients, serving to empower fraud and threat groups with behavioral biometric intelligence to behave shortly whereas additionally giving customers a safer and frictionless digital banking expertise.”

BioCatch’s fraud prevention resolution additionally retains monetary enterprise operations in compliance with safety measures and digital security necessities. With this, BioCatch’s behavioral biometrics resolution permits monetary establishments who use Azure to streamline fraud detection capabilities with world cloud scaling, retaining tempo with the wants and calls for of any cloud technique monetary establishments search to deploy in Azure.

About BioCatch

BioCatch is the chief in Behavioral Biometrics and superior fraud detection, leveraging expertise constructed upon machine studying to research a web-based person’s bodily and cognitive digital conduct to guard people on-line. BioCatch’s mission is to unlock the facility of conduct and ship actionable insights to create a digital world the place id, belief and ease seamlessly co-exist. At this time, BioCatch counts over 25 of the highest 100 world banks as clients who use BioCatch options to battle fraud, drive digital transformation and speed up enterprise progress. BioCatch’s Consumer Innovation Board, an industry-led initiative together with American Specific, Barclays, Citi Ventures, and Nationwide Australia Financial institution, helps allow BioCatch to determine artistic and cutting-edge methods to leverage the distinctive attributes of conduct for fraud prevention. With over a decade of analyzing information, greater than 80 registered patents, and unparalleled expertise, BioCatch continues to innovate to resolve tomorrow’s issues. For extra data, please go to