Alkami Technology, Inc. announced that its customers using BioCatch through the Alkami Digital Banking Platform prevented over $263 million in fraud during 2025. This information was revealed as part of Alkami’s Cybersecurity Awareness Month campaign, which emphasizes strong security practices.
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Cybercriminals employ various tactics to access online banking accounts, including phishing and social engineering. BioCatch's Account Takeover Protection uses real-time analysis of behavioral, device, and session signals to establish what constitutes legitimate activity. The system identifies significant deviations, such as unusual navigation or transaction patterns that may suggest a compromised account.
Brad Cranford, director of product management at Alkami, noted that BioCatch enhances the ability to detect suspicious activity without creating friction for customers. The outcomes from 2025 demonstrate how behavioral signals assist financial institutions in recognizing takeover risks early, allowing timely interventions to prevent financial losses.
Financial institutions can assign risk scores to each digital banking session, adapting their responses based on their individual fraud tolerance levels. Jay Whoriskey, vice president of global partners and alliances at BioCatch, emphasized that early risk recognition is crucial for effective fraud prevention. The collaboration between BioCatch and Alkami provides continuous monitoring of user intent during each transaction, resulting in significant fraud prevention.
Customer success stories further illustrate the benefits of this partnership. Gate City Bank utilized BioCatch to detect account takeovers, achieving a 97% capture rate and deterring $650,000 in fraud over six months. Raiz Federal Credit Union also reported preventing over $286,000 in fraud in its first year through a layered security strategy that included BioCatch.
BioCatch's solutions are part of the Alkami Alliance partner ecosystem, integrating seamlessly with Alkami's Digital Banking Platform to enhance fraud prevention capabilities.
Alkami provides a digital platform for U.S. financial institutions, integrating solutions for onboarding, digital banking, and marketing. BioCatch's technology collects over 3,000 data points to assess user behavior continuously, helping banks differentiate between legitimate users and potential fraudsters in real time. As of mid-2026, over 370 financial institutions have implemented BioCatch’s solutions, analyzing 19 billion user sessions monthly and safeguarding more than 760 million users globally.