#USA #New York #Fraud Prevention #financial crime #BioCatch

BioCatch Sets New Standards in Fraud Prevention

BioCatch, a leading innovator in fraud prevention and financial crime detection, has reached a remarkable milestone in its history by recording the best quarter in the company’s narrative in the final quarter of 2025. The New York-based firm closed the year with an astonishing $20 million in new annual recurring revenue (ARR), pushing its cumulative ARR beyond $185 million.

This significant growth underscores BioCatch's role as a critical player in an increasingly complex financial landscape where the demand for security solutions is remarkably high. Over the course of 2025, the company successfully attracted 90 new customers, prominently including Wells Fargo, thereby solidifying its position among the top-tier providers utilized by three of the four largest banks in the United States.

The momentum didn't stop there; the company's mid-market partner business saw a remarkable 60% increase in ARR, fueled by more than 70 new community banks and credit unions that integrated BioCatch solutions via the Alkami platform. As BioCatch looks into the future, it has announced plans to extend its partnerships further, having established collaborations with industry giants like Alloy, Tyfone, and Nasdaq Verafin, indicating a robust pipeline for mid-market expansion through 2026 and beyond.

Significant Market Growth

BioCatch's growth is not just confined to the United States. The Asia Pacific region saw an impressive 40% increase in ARR, with Mexico witnessing over a 50% spike and Spain boasting an upswing of nearly 89%. It is reported that almost half of BioCatch's ARR this year stemmed from newly acquired clients, highlighting the company’s increasing prominence in the global financial market.

In commenting on the success, BioCatch CEO Gadi Mazor stated, “This growth is proof that trust is becoming the defining currency of modern banking.” He emphasized that financial institutions are increasingly challenged by expanding regulatory requirements, sophisticated AI-driven fraud tactics, and rising consumer expectations, necessitating a decisive and innovative approach to fraud prevention.

Innovations and Milestones

BioCatch achieved several noteworthy milestones in 2025. Among these was the establishment of a new partnership with Nasdaq Verafin, culminating in the enhancement of BiosCatch's industry-leading fraud detection platform, known as BioCatch Connect 2.0. The launch of BioCatch Link further facilitated real-time sharing of fraud intelligence in inter-bank networks, an initiative kicked off with the launch of BioCatch Trust Argentina, the first of its kind in the western hemisphere.

In its mission to confront scams effectively, the company rolled out Scams360, a cutting-edge tool aimed at helping banks identify and thwart various forms of social engineering scams in real time. Remarkably, BioCatch is estimated to have prevented over $4 billion in fraud in 2025.

Furthermore, BioCatch Trust has protected a staggering 85% of Australia’s banked population, monitoring more than 180 million transactions valued at over $330 billion in just the third quarter, revealing over $60 million in attempted fraud.

Globally, the company now safeguards more than 660 million banking customers from fraud and financial crime, processing over 17 billion user sessions each month on a remarkable 1.6 billion distinct devices.

Recognized Contributions and Future Goals

With the addition of 90 new clients, BioCatch's global clientele now totals 340, reinforcing its reputation as a trusted provider in financial security. Additionally, the company expanded its team by 128 employees across multiple countries, including hires in Indonesia, Italy, Japan, South Africa, and Thailand, contributing to a workforce exceeding 400 personnel.

BioCatch's achievements were recognized industry-wide through various accolades, including the Datos Insights Impact award for best scam-prevention solution, as well as being awarded for the anti-fraud project of the year by Regulation Asia.

Looking ahead, BioCatch remains committed to innovating fraud detection and prevention strategies, viewing the challenges in the banking landscape as a catalyst for further advancements in technology and service.

In conclusion, BioCatch is not only reshaping how financial institutions approach security but is also redefining customer expectations. As we transition into an increasingly digital future, the company's commitment to innovation signals a promising horizon in the ongoing battle against fraud and financial crime.