Author: OurCrowd

[BioCatch in BioCatch] OurCrowd Portfolio Company BioCatch Works With Experian to Boost Fraud Detection by 73%

Sep 22, 2020 |

BioCatch, a behavioral biometrics firm that seeks to uncover attempts at fraud, has partnered with Experian on fraud detection. According to a release, the two companies combined proved that layering multiple identity and fraud detection capabilities can help authenticate legitimate customers, improve their experience, and mitigate the risk of fraud. The combination generated a 73% increase in fraud detection and up to $23 million in fraud prevention savings. Read...

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[OurCrowd in The Jerusalem Post] UAE Angel investors introduced to the landscape of Israeli innovation

Sep 22, 2020 | ,

Noting that both the UAE and Bahrain are “true leaders” when the topics being discussed are smart cities, healthcare, transportation and shipping, OurCrowd CEO Jon Medved noted that “in these areas, we don’t look to lead, we look to learn” from possible new partners – now made possible thanks to the recently signed Abraham Accords. Read...

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[DouxMatok in The New Yorker] The Race to Redesign Sugar

Sep 21, 2020 | ,

The looming impact of new nutrition standards, combined with regulatory pressure and public sentiment, has led to something of a panic in the industry, and a flurry of innovation. The new race—in which DouxMatok is only one of several competitors—is not to develop a substitute for sugar but to design a better sugar altogether. Read...

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[BioCatch in Business Wire] Experian and BioCatch Provide a Global Financial Services Provider With a 73% Lift in Fraud Detection

Sep 21, 2020 |

Amidst the pandemic, consumers have progressively shifted more and more of their activities online. Concurrently, there has been a surge in fraudulent attempts – industry data suggests that, since the beginning of the COVID-19 pandemic, there has been a 33 percent increase in account opening (AO) fraud1. Furthermore, 57% of businesses have reported higher losses from account opening and account takeover fraud in the past year, per 2020 Experian Global Identity and Fraud Report. In this challenging environment, a global financial services provider sought Experian’s expertise to keep ahead of fraudsters and stay on top of the evolving digital landscape. Read...

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