OurCrowd’s portfolio company Biocatch was featured on Reuters, a leading international news agency. The company has developed a novel form of authentication used by online businesses to continuously guarantee users are who they say they are, by analyzing their behavioral and cognitive responses.
Fraud prevention group Early Warning, which is owned by five of the largest U.S. banks, has teamed up with Israel’s BioCatch, a specialist in behavioral biometrics, to boost protection of customer accounts.
BioCatch’s system analyses and remembers how people maneuver physically online and can warn banks if a client’s account has been hacked.
BioCatch raised $3,334,500 from OurCrowd investors in February 2014.
Read more on Reuters here.