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The Fintech Times

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Alkami Clients Stopped $54Million of Fraudulent Transactions Using BioCatch Fraud Prevention

  • Alkami Technology's clients leveraging BioCatch's fraud prevention solutions through the Alkami Digital Banking Platform stopped over $54 million in fraudulent transactions in 2024.
  • Alkami aims to provide a proactive, behavior-based approach to fraud prevention and combat emerging threats in the financial services industry.
  • In partnership with BioCatch, Alkami uses real-time analysis of behavioral, device, and network signals to distinguish legitimate users from fraudsters and prevent financial losses.
  • Gate City Bank benefited from BioCatch's solution, which continuously learns and adapts to customer behavior to safeguard against fraud without disrupting the user experience.

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