Biometrics , Events , Fraud Management & Cybercrime
Preventing New Account Fraud with Behavioral Biometrics
The Equifax breach, which affected more than 143 million individuals, proves breaches are not trending downward.
See Also: OnDemand | 2024 Phishing Insights: What 11.9 Million User Behaviors Reveal About Your Risk
A lot has been said about the ways that criminals use stolen data. In this session, BioCatch discusses the current state of account openings online and what fraudsters are doing to circumvent security measures. Leveraging its global experience working with leading banks, credit card issuers and e-commerce sites, BioCatch provides key insights and real-world examples into how behavioral biometrics are used to detect stolen or synthetic identities to stop new account fraud at its source. This session also demonstrates the value of technology in reducing false declines and improving the user experience when filling out online applications.