Alkami Customers Including Gate City Bank Strengthen Fraud Prevention with BioCatch
- Alkami announced that its clients, including Gate City Bank, stopped more than $54 million in fraudulent transactions in 2024 by using BioCatch's fraud prevention solutions through the Alkami Digital Banking Platform.
- Fraud is a significant challenge in financial services, with cybercriminals evolving their tactics to access sensitive information.
- Alkami employs a multi-layered approach to fraud prevention, and BioCatch's technology helps institutions detect account takeover fraud effectively.
- The partnership between Alkami and BioCatch enabled financial institutions to proactively stop fraud in real time, safeguarding their customers' identities without disrupting their experience.
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Total News Sources15
Leaning Left0Leaning Right1Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
C 86%
14%
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