BioCatch Obtains 39th US Patent, for Authenticating Users of Mobile Devices Based on Screen Pressure, Adding to Its Industry-Leading IP Portfolio

The Company Ranks Third in Patents Among Start-ups Employing
Artificial Intelligence in 2019 CB Insights AI-100 List

NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–BioCatch,
the global leader in behavioral biometrics, today announced that it has
received its 39th US Patent, covering its methods of
determining or estimating a level of force or pressure that is applied
by a user to a touch surface of an electronic device or an electronic
system. The now-patented methods of user authentication allow BioCatch
to extend its pioneering work in behavioral biometrics and artificial
intelligence to automatically differentiate between a legitimate user
and a cyber-attacker. The patent, granted on February 5, 2019, protects
the company’s method of mobile data collection and analysis from being
copied by competitors. In addition to the 39 patents already granted to
BioCatch by the USPTO, the company has an additional 25 patent
applications awaiting the office’s determination.

Avi Turgeman, Founder, CTO & Vice President of Business Development at
BioCatch, said: “The company’s IP portfolio is far and away the most
robust amongst the behavioral biometrics players. Our patent work began
in 2010, at a time when others in the security industry were just
becoming aware of threats like Remote Access Attacks (RATs),
Man-in-the-Browser (MitB) Trojans, and so forth. This enormous head
start means that current and potential competitors need to find other
ways of accomplishing what BioCatch offers or run the risk of
infringement.”

Recently named to the CB
Insights AI-100 List
for 2019, BioCatch ranked 3rd among
all of the companies on the list for the number of patent applications,
which CB Insights cites as a “measure of a company’s R&D focus.”
According to the research firm, the AI 100 is a list of “the most
promising private companies providing hardware and data infrastructure
for AI applications, optimizing machine learning workflows, and applying
AI across a variety of major industries.” The CB Insights research team
selected 100 start-ups from a pool of more than 3,000 companies based on
several factors, including patent activity, investor profile, news
sentiment analysis, proprietary Mosaic scores, market potential,
partnerships, competitive landscape, team strength, and tech novelty.

BioCatch Chairman & CEO Howard Edelstein said: “Patents and other types
of intellectual property have long been synonymous with client and
shareholder value, as a measure of a company’s commitment to continued
innovation and market leadership. This is the main reason tier one banks
and other global clients turn to us to help them deal with the
ever-changing challenges around user authentication. As online
applications rapidly evolve from desktop to mobile and behavioral
biometrics takes center stage in defining digital identity, the patent
granted last week gives BioCatch a significant advantage in the mobile
arena and adds to our impressive overall IP portfolio.”

This patent is important because it allows for the extraction of
pressure data from the mobile device without the use of additional
hardware and contributes to significantly increased accuracy in
determining whether someone is a legitimate user or a fraudster in an
online session. The force or pressure applied by a user on a mobile
device is one of approximately 2,000 behavioral parameters that are
analyzed by BioCatch to establish a user profile and gain other valuable
behavioral insights. Additionally, the company’s patented “Invisible
Challenges” approach further helps to distinguish legitimate users from
fraudsters without compromising the user experience.

BioCatch will be showcasing the latest innovations in behavioral
biometrics and how they apply to various use cases like identity
proofing, authentication, account takeover, fraud prevention, vishing
and more at next week’s RSA Conference in San Francisco, Booth Number
5350 in the North Expo Hall of the Moscone Center.

About BioCatch
BioCatch is a digital identity company that
delivers AI-driven behavioral biometrics, analyzing human-device
interactions to protect users and data. Banks and other enterprises use
BioCatch to significantly reduce online fraud and better manage online
identity verification, without compromising the user experience. With an
unparalleled patent portfolio and deployments at major financial
institutions and global enterprises around the world that cover 90
million users to date, BioCatch has established itself as the industry
leader. For more information, please visit www.biocatch.com.

Contacts

Nicole Keller
Intermarket Communications
+1 212-754-5423
nkeller@intermarket.com

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