Early Warning, BioCatch team up to prevent fraud at U.S. banks

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 Chief Executive Ron Mortiz said the move addresses "some of the biggest challenges currently facing the financial industry, namely preventing account takeover and new account fraud as well as malware attacks". Early Warning is owned by Wells Fargo, Bank of America, JPMorgan Chase, BB&T and Capital One.



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