BioCatch has announced it has acquired AimBrain’s multi modal biometric authentication platform for an undisclosed amount of cash. AimBrain’s platform combines several distinct methods to detect potential fraud, including behavioral biometrics, anomaly detection and other biometric modalities, to support various use cases in the digital identity lifecycle, including step-up user authentication to comply with KYC, AML, PSD2 and other regulatory requirements.
AimBrain is a biometric Identity as-a-service platform that enables organizations to add user authentication to their mobile and web apps to prevent fraud.