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BioCatch launches Scams360 to cut £450 million UK scam losses

Summary by cfotech.co.uk
BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.
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cfotech.co.ukcfotech.co.uk

BioCatch launches Scams360 to cut £450 million UK scam losses

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

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FinovateFinovate

BioCatch Unveils Scam Detection Tool Scams360

Financial crime prevention innovator BioCatch has launched its behavior-based scam-fighting solution, BioCatch Scams360. The new offering helps financial institutions deal with social engineering-based scams such as authorized push payment (APP) fraud. Founded in 2011, BioCatch made its Finovate debut at FinovateFall 2014 in New York. Financial crime prevention company BioCatch recently unveiled the latest edition of its behavior-based scam-figh…

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Finovate broke the news in on Thursday, July 17, 2025.
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