BioCatch

Scotiabank Mexico is transforming its fraud prevention operations with behavioral intelligence. Executive Director of Fraud Prevention and Claims at Scotiabank, Rogelio Garduño Ruvalcaba, shares how his team leverages BioCatch solutions to improve fraud detection, stay ahead of emerging fraud threats, reduce financial losses, and protect their customers’ digital experiences.

With scams and money mule schemes on the rise globally, information sharing between financial institutions and law enforcement should be a routine, essential part of risk management and financial crime prevention. So, what is stopping this from happening? BioCatch is proud to partner with The Knoble to publish a new guide which explores the regulatory hiccups that the banking and law enforcement community face in sharing information and provides practical advice on how to overcome them. Read more: https://okt.to/u7KtrR #FinancialCrime #314b #MoneyMules

After much analysis leading up to this moment, the UK's Payment Systems Regulator's mandatory reimbursement rules finally take effect today. In the third installment of their series unpacking these new regulations, Thomas Peacock and Katie M. look ahead to the potential consequences we may see in the coming months. Read now: https://okt.to/ytZCuj #FinancialCrime #Compliance #BankingIndustry

In a follow-up to our 2024 Digital Banking Fraud Trends in Brazil report released last month, Thomas Peacock takes a closer look at stolen device fraud in the country. Read his complete findings here: https://okt.to/C478Hx #FinancialCrime #FraudPrevention #BankingIndustry

With Australians losing more than $2.7 billion to scams in 2023, the new Scams Prevention Framework represents a major shift for the country. What makes it unique? It doesn’t just focus on banks. Telcos and digital platforms, where many scams originate, are also being held accountable. In his latest blog, Jonathan Frost explores this forward-thinking approach and what it means for Australians. Read now: https://okt.to/JNmaSH #FinancialCrime #Compliance #BankingIndustry

Today we're proud to release our 2024 Digital Banking Fraud Trends in Latin America report, in which we discuss: • a 113% spike in malware fraud • a 32% rise in digital banking fraud • the remaining prevalence of account takeover Click here to download the complete report: https://okt.to/fpOzrx #FinancialCrime #FraudPrevention #BankingIndustry

We had an incredible time at the Datos Insights' Financial Crime and Cybersecurity Forum in Charlotte. With hundreds of attendees, it was truly inspiring to see the North American fraud-fighting community gather en masse to discuss the current fraud, scams, and financial crime landscape in the region. Our own Raj Dasgupta delivered a powerful presentation on the art and science of scam controls, highlighting BioCatch’s unique approach in combatting scams. Thank you for your support, and if you want to learn more about us, visit https://okt.to/GKboWh and request a fraud briefing today. #FinCrimeForum #FraudPrevention #CyberSecurity

Scammers work in a digital world without international borders. GenAI now allows bad actors to target victims anywhere on the planet. According to the UAE Cyber Security Council, more than 50% of the UAE residents fell victim to a phishing website, and nearly one in five people were targeted by a social media scam in the third quarter of 2023. The threat is real, and it's growing. For more Middle East fraud insights, check out this new blog post from Charanjeet Singh: https://okt.to/Qpn65l #FraudPrevention #Cybersecurity #BankingIndustry

It's happening. Britpop band Oasis are reuniting for what's shaping up to be among the biggest tours of 2025. In his latest blog post, our Thomas Peacock warns of the possibility of purchase scams for those looking to buy tickets on the secondary market, based on findings from other high-profile concerts. Read now: https://okt.to/Mi7lo4 #FinancialCrime #FraudPrevention #BankingIndustry

In addition to protecting the president, the U.S. Secret Service plays a critical role in combatting cybercrime. In a recent blog, former agent Matt O’Neill reveals how the agency has investigated some of the biggest cybercrime operations in the world, helping to recover billions in stolen funds. Learn more about its dual mission: https://okt.to/lGQAg9 #FinancialCrime #CyberSecurity #BankingIndustry