In Episode 8 of Digital Tells we speak with Suzanne Sando, Senior Fraud and Cybersecurity Analyst at Javelin Strategy and Research. BioCatch recently published a report written on our behalf by analysts at Javelin Strategy and Research titled New Account Fraud A Threat Down Every Avenue. In this discussion, Suzanne discusses many aspects of new account fraud, including identity theft and synthetic identities, stimulus fraud, the rise of Buy-Now-Pay-Later (BNPL), money laundering and anti-money laundering compliance, and opportunities for financial institutions to address these increasingly ho ..read more

In Episode 7 of Digital Tells we speak with Iain Swaine, Director of Global Advisory for BioCatch in the EMEA region. Iain reviews four different drivers of vulnerability as defined by the Financial Conduct Authority in the UK, how different regions’ authorities are approaching financial institutions’ responsibilities when it comes to vulnerable customers, the challenges that faster payments present, particularly when dealing with scams perpetrated on vulnerable customers, and how institutions can help identify and protect vulnerable customers by leveraging behavioral biometrics. Peter Beardm ..read more

The sixth episode of Digital Tells: A BioCatch Podcast examines the market for behavioral biometrics. What are the top challenges in preventing fraud in digital channels, and what technologies are on the radars of fraud practitioners? How do organizations like BioCatch partner and innovate with financial institutions to identify and isolate the Digital Tells that can help detect fraud? And how may behavioral biometrics evolve in the metaverse? Digital Tells’ host Peter Beardmore opens with an account of his recent conversation with Billy Beane from The Oakland A’s baseball organization. His d ..read more

The Fourth episode of Digital Tells: A BioCatch Podcast dives into the phenomenon of online money mules. What is a mule? How does one become a mule? Why do or why should financial institutions care about mule activity? And what can be done to detect mules? We open with commentary from Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. Julie discusses the role of money mules inside criminal organizations and introduces some different mule back-stories. Digital Tells’ host Peter Beardmore digs deeper into 5 mule personas. BioCatch’s Raj Dasgupta explains the regulatory and ..read more

The fourth episode of Digital Tells: A BioCatch Podcast focuses on scams and social engineering. Why is there so much scam activity these days? Why are these scams so successful? And what, if anything, can financial institutions do to help protect themselves and their customer? We open with a first-hand story of a brilliant social engineering, told by Coby Montoya. Tim Dalgleish discusses some of the Digital Tells that may indicate scam activity. And Ayelet Biger-Levin explains the layers of machine learning and analytics that converge to detect scams.   Transcript Coby Montoya&nbs ..read more

The third episode of Digital Tells: A BioCatch Podcast tackles the global epidemic of identity theft, and the resulting fraudulent accounts that ruin personal credit ratings, perpetuate mule activity and money laundering, and drain institutions of $Billions annually. Tom O’Malley joins us again to discuss why most account opening fraud occurs online. Raj Dasgupta from BioCatch, discusses the peculiar online behaviors exhibited by cybercriminals, versus those of genuine account applicants; The Digital Tells that help Behavioral Biometrics distinguish between criminal and genuine activity. Ayele ..read more

The second episode of Digital Tells: A BioCatch Podcast looks at how sophisticated cybercrime networks perpetrate mass account take over fraud. Former U.S. federal prosecutor and consumer identity expert Tom O’Malley shares an overview of the GozNym cybercrime network, from which three members were prosecuted in 2019. We also talk with Jonathan Barnes, a retired attorney who discovered while on vacation that his personal bank account was being drained by cybercriminals. Finally we speak with Tim Dalgleish and Ayelet Biger-Levin, both of BioCatch, to discuss both the tactics of cybercriminals a ..read more

The inaugural episode of Digital Tells: A BioCatch Podcast explores the origins of behavioral biometrics with BioCatch founder Uri Rivner and Chairman and CEO Howard Edelstein. The episode begins with host Peter Beardmore’s visits with his elderly mother and aunt, both having recently been targeted by scammers. Their stories illustrate the prevalence of cybercrime and scams throughout society, and the need for innovative solutions to help protect consumers and financial institutions alike.  The concept of technology that can use the ‘Digital Tells’ of online behavior (mouse movements, typing ..read more