12 December 2017
visit www.aciworldwide.com

NatWest trials BioCatch behavioural biometrics

17 November 2016  |  7655 views  |  0 Natwest logo web screen shot

NatWest has been trialling technology from BioCatch, an Israeli startup that uses behavioural biometrics to authenticate visitors to websites.

BioCatch aims to eliminate passwords and authentication dongles for online banking and shopping, replacing them with a system that recognises users by how they physically use their computer or tablet.

The firm's technology captures more than 500 points of behaviour such as hand-eye coordination, pressure, hand tremors, navigation, scrolling and various finger movements amongst other things to create a unique user profile.

This, claims the company, allows it to distinguish the normal human behaviour of an authorised user from that of an unauthorised user, as well as to recognise automated Bots, Rats, malware and other malicious account takeover attacks.

This year NatWest has been trialling the technology at its Coutts brand and with some business customers, where it has helped stop fraudulent find transfers and identify remote access Trojans.

The bank now plans a further pilot, with personal banking customers, in 2017.

Simon McNamara, chief administrative officer, NatWest, says: "The breadth of behavioural biometrics that BioCatch technology can monitor is really impressive and we've already seen many examples of it alerting us to suspicious activity and protecting our customers from fraud."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

NatWest places contactless Poppy collection boxes in branches

NatWest places contactless Poppy collection boxes in branches

11 November 2016  |  6126 views  |  0 comments | 5 tweets | 7 linkedin
Journalists expose NatWest mobile security flaws

Journalists expose NatWest mobile security flaws

04 March 2016  |  14920 views  |  2 comments | 12 tweets | 10 linkedin
Behavioural biometrics startup BioCatch raises $10m

Behavioural biometrics startup BioCatch raises $10m

17 June 2014  |  7300 views  |  0 comments | 9 tweets | 7 linkedin

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.atos.netvisit http://info.nice.com

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18962 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11741 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8536 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7023 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6624 views comments | 19 tweets | 11 linkedin

Featured job

Find your next job