BioCatch unveils DeviceIQ: Redefines how banks evaluate device risk in the AI era

BioCatch New York

connects DeviceIQ to the BioCatch Connect platform, unifying behavioral, device, transactional, and application intelligence in one place to provide banks with a more holistic view of risk.

"Many financial institutions today rely on risk signals scattered across a patchwork of device and risk tools from multiple vendors," BioCatch Chief Product Officer Ayelet Eliezer said. "That fragmentation not only drives up costs, complexity, and maintenance but also reduces efficacy, efficiency, and scalability. DeviceIQ is built directly into the BioCatch Connect platform, enabling banks to evaluate all risk signals in one place, giving them the clarity they need to stop fraud earlier, reduce friction for genuine customers, and prepare for a rapidly approaching AI-driven future."

DeviceIQai: An additional layer of protection

As consumers and criminals increasingly adopt AI-powered tools to assist or automate their digital interactions, banks must not only determine which devices are accessing their services but also who or what is acting through that device. DeviceIQai adds an additional layer of protection to give banks that context:

Differentiating between human-led sessions, human-agent hybrid sessions, genuine agentic AI sessions, and fraudulent agentic sessions, allowing banks to recognize AI-driven activities before they escalate into fraud, while allowing genuine users to take full advantage of agentic AI tools for automating their digital banking

Flagging potential deepfakes by recognizing the use of a virtual camera, prerecorded audio, video, or images, and other criminal efforts to overcome an institution's methods of user authentication

"The fraud prevention perimeter has moved," said Sam Abadir, research director of risk, financial crime, and compliance at IDC. "Institutions that rely solely on identity signals at login are missing an earlier and increasingly exploitable attack surface. Device-level intelligence collected before authentication gives risk teams a more complete picture of session context, which matters more as agentic AI blurs the line between legitimate automation and account takeover."

Click here to learn more about BioCatch DeviceIQ.

About BioCatch:

BioCatch prevents fraud and financial crime by recognizing patterns in human behavior, continuously collecting more than 3,000 anonymized data points – keystroke and mouse activity, touch screen behavior, physical device attributes, and more – as people interact with their digital banking platforms. With these inputs, BioCatch's AI and machine-learning models reveal patterns in user behavior and provide device intelligence that, together, distinguish the criminal from the legitimate. The company's Customer Innovation Board – an industry-led initiative in partnership with American Express, Barclays, Citi Ventures, HSBC, National Australia Bank, and others – collaborates to pioneer innovative ways of leveraging customer relationships for improved fraud detection. Today, more than 30 of the world's largest 100 banks and more than 340 total financial institutions deploy BioCatch solutions, analyzing more than 17 billion user sessions per month and protecting more than 660 million people on more than 1.6 billion devices from fraud and financial crime.

PR contact:

Mac King
BioCatch director of global marketing communications
[e-mail]

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