BioCatch Explains How Behavioral Biometrics Reduces Friction in Digital Transactions

Financial security is important. It can also be frustrating when a transaction gets declined while you’re using your own credit card. According to BioCatch, false declines – that is, legitimate transactions that are flagged as potentially fraudulent – have a footprint 13 times bigger than the cost of fraud itself, a number that reflects the loss of individual transactions, reduced brand loyalty, and the call center hours needed to handle complaints from dissatisfied customers.

Read more.