BioCatch Welcomes Sallie Krawcheck and Liat Nadai Arad to Board of Directors

BioCatch Israel New York United States of America

join BioCatch in parallel with the company's realization of $100M in annual recurring revenue, the achievement of protecting more than 315 million banking customer from fraud and financial crime globally, and the accomplishment of EBITA profitability.  Krawcheck and Arad are joining Dewey Awad, Partner with the Public Equity and Tech Opportunities businesses at Bain Capital, Matthew Kinsella, Managing Director at Maverick Ventures, Mitchel Lenson, independent advisor and former Managing Director with Deutsche Bank, Jay Mandelbaum, Managing Partner with One South Advisors and formerly EVP at JP Morgan Chase, and Gadi Mazor, the company's CEO, as BioCatch board members. 

"I try to be thoughtful in choosing the organizations that I work with in today's fast-moving financial technology landscape," said Sallie Krawcheck.  "For me, a company's mission and its commitment to inclusion are as, if not more, important than technology-fit and revenue growth.  BioCatch prioritizes all of these in its mission to protect banks and their customers from digital fraud and financial crime.  I'm looking forward to working closely with Gadi, his team and my fellow board members in BioCatch's mission to fight fraud and stop the financial crimes that threaten consumers' personal security and peace of mind."

"As a long time cyber security practitioner and executive it is clear to me that we as humans may very well hold the key to our own safety and security online," said Liat Nadai Arad.  "Our behavior is unique, no one of us is the same, and the nuances in how we interact with technology makes us one of a kind.  BioCatch's data science in the area of behavioral biometric intelligence is truly next-generational and offers banks, and their customers, the power to improve online identity authentication, strengthen transactional security, and streamline their experience all by simply being themselves.  I'm excited to work with the BioCatch team as they embark on the next phase of their journey."

About BioCatch

BioCatch stands at the forefront of digital fraud detection, pioneering behavioral biometric intelligence grounded in advanced cognitive science and machine learning. BioCatch analyzes thousands of user interactions to support a digital banking environment where identity, trust and ease coexist. Today, more than 25 of the world's leading 100 banks and 150 of the largest 500 rely on BioCatch Connect™ to combat fraud, facilitate digital transformation, and grow customer relationships. BioCatch's Client Innovation Board, an industry-led initiative featuring American Express, Barclays, Citi Ventures, HSBC, and National Australia Bank, collaborates to pioneer creative and innovative ways to leverage customer relationships for fraud prevention. With more than a decade of data analysis, 90 registered patents, and unmatched expertise, BioCatch continues to lead innovation to address future challenges. For more information, please visit www.biocatch.com.

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