{"id":229301,"date":"2026-06-10T08:29:00","date_gmt":"2026-06-10T12:29:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/10\/biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams\/"},"modified":"2026-06-10T09:05:23","modified_gmt":"2026-06-10T13:05:23","slug":"biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/10\/biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams\/","title":{"rendered":"BioCatch Says Artificial Intelligence (AI) Upping Challenge Of Catching Fraudsters, Halting Scams"},"content":{"rendered":"<p><a href=\"https:\/\/www.crowdfundinsider.com\/2026\/06\/284762-biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams\/\">BioCatch Says Artificial Intelligence (AI) Upping Challenge Of Catching Fraudsters, Halting Scams<\/a><\/p>\n<p><a href=\"https:\/\/www.crowdfundinsider.com\/2026\/06\/284762-biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams\/\">https:\/\/www.crowdfundinsider.com\/2026\/06\/284762-biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-10 08:29:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.crowdfundinsider.com\">www.crowdfundinsider.com<\/a><\/p>\n<ul>\n<li>\n<p><strong>BioCatch&#8217;s Anti-Fraud Solution<\/strong>: BioCatch, an OurCrowd portfolio company and an anti-fraud AI firm, uses advanced AI technology to detect and prevent financial fraud by tracking thousands of data points.<\/p>\n<\/li>\n<li>\n<p><strong>Wide Adoption and Scale<\/strong>: More than 30 of the world\u2019s largest banks and 357 financial firms utilize BioCatch&#8217;s services, monitoring around 18 billion user sessions per month across 680 million accounts accessed from over 1.7 billion devices.<\/p>\n<\/li>\n<li>\n<p><strong>Emerging Vulnerability<\/strong>: A BioCatch report titled &#8220;The Future of Digital Trust: AI Agents and the Speed of Fraud and Financial Crime&#8221; reveals that AI-fueled fraud is increasingly sophisticated, with 88% of surveyed risk and compliance managers acknowledging this trend.<\/p>\n<\/li>\n<li>\n<p><strong>Rising Fraud Trends<\/strong>: The report highlights that while 73% of fraud leaders see an increase in fraud attempts and 64% report rising fraud losses, 84% of UK fraud leaders believe AI has boosted the sophistication of fraud and scams.<\/p>\n<\/li>\n<li>\n<p><strong>Need for Advanced Solutions<\/strong>: The report suggests that real-time intelligence on receiving accounts could enhance recognition and stopping of scams, although 75% find it challenging to differentiate between legitimate and malicious AI-assisted activities.<\/p>\n<\/li>\n<li>\n<p><strong>CEO&#8217;s Perspective<\/strong>: BioCatch CEO Gadi Mazor emphasizes that AI changes consumer interaction with financial services, enabling criminals to enhance their fraud efforts, thus necessitating moving beyond traditional identity checks.<\/p>\n<\/li>\n<li>\n<p><strong>Financial Growth and Investment<\/strong>: BioCatch raised funds on OurCrowd and holds a valuation of $1.3 billion in 2024, generating around $185 million in revenue in 2025. Permira Growth Opportunities II is the majority shareholder.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BioCatch Says Artificial Intelligence (AI) Upping Challenge Of Catching Fraudsters, Halting Scams https:\/\/www.crowdfundinsider.com\/2026\/06\/284762-biocatch-says-artificial-intelligence-ai-upping-challenge-of-catching-fraudsters-halting-scams\/ Publish Date:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":229302,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.crowdfundinsider.com\/wp-content\/uploads\/2014\/11\/Stop-Fraud.png","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-229301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/229301"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=229301"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/229301\/revisions"}],"predecessor-version":[{"id":229303,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/229301\/revisions\/229303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/229302"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=229301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=229301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=229301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}