BioCatch Pros and Cons

BioCatch Pros

SA
Technical Business Analyst at a financial services firm with 10,001+ employees
It can track mouse movements as well as the actual oriental moments of such as the movement of devices, how they are held, and the angles which at they are held. All these are captured for customers and a behavioral profile is built for the customer over a period of time. This would be matched against any fraudulent behavior. If, for example, suddenly a customer account seems to be accessed by our profile, which is not one particular customer account, if the movements or habits are suspect, we can catch the fraud and shut it down.
View full review »

BioCatch Cons

SA
Technical Business Analyst at a financial services firm with 10,001+ employees
BioCatch is one of the fraud detection tools which also has machine learning capabilities and it has what is called a machine learning model feature. It is run in the background. The consequence of those machine models is it is complex to perform data functions and the activity and programming techniques. The decision-making for determining what's happening within those models is a little bit complex and not at all transparent. It's not easy for businesses to understand how the model is using the data of the bank customers in order to come to the assumption it does.
View full review »
Find out what your peers are saying about BioCatch, ThreatMetrix, IBM and others in Fraud Detection and Prevention. Updated: July 2021.
521,637 professionals have used our research since 2012.