BioCatch Launches DeviceIQ to Combat AI-Driven Fraud and Identity Spoofing

NEW YORK — BioCatch, a global leader in behavioral biometrics and financial crime prevention, announced today the launch of DeviceIQ, a next-generation device identification and intelligence solution designed to redefine how financial institutions verify digital banking trust.

As traditional device fingerprinting becomes increasingly obsolete due to sophisticated evasion techniques like device spoofing, emulators, and the rise of "agentic" browsers, DeviceIQ offers a real-time assessment of device health and persistent identity. By integrating these insights directly into the BioCatch Connect platform, the tool allows banks to distinguish between genuine users and high-risk automated threats—such as deepfakes and fraudulent AI agents—long before a user even attempts to log in.

The urgency for such a solution is driven by a "tsunami" of AI-powered tools that decouple user actions from the physical device signals banks traditionally rely on. DeviceIQ addresses this by establishing a persistent identity that follows a user through legitimate upgrades and app reinstalls, reducing friction for customers while simultaneously flagging devices that show signs of tampering or "mule" activity. A standout feature, DeviceIQai, specifically targets the emerging threat of agentic AI, allowing banks to differentiate between helpful consumer automation and malicious bot-led attacks.

Early deployment at a major U.S. financial institution has already demonstrated the system’s efficacy, successfully identifying 60% of genuine device upgrades within two weeks while flagging "bad" devices that were 13 times more likely to have bypassed previous security layers. By pseudonymizing data to ensure full regulatory compliance, BioCatch aims to provide a holistic, privacy-first shield against the rapidly evolving landscape of digital financial crime.