Cross-channel fraud exploiting lack of centralized tracking approach, BioCatch says

By Chris Burt

Banks and online retailers need authentication technologies that can track users across multiple digital channels to fight the growth of cross-channel fraud, BioCatch says in a blog post. Cybercriminals are taking advantage of the often rushed efforts by financial institutions and online merchants to provide omnichannel payments, stealing personal information in one channel and using it to commit fraud in another, the company says.

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