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Behavioral Biometrics from Leumi Card

Bank Leumi, the second largest credit card issuer in Israel, will offer its cardholders the opportunity to opt in to a new way to secure payments initiated by their iOS or Android phones. After nearly a year of testing, Leumi says behavioral biometrics technology from Israeli startup SecuredTouch, which will be embedded in the Leumi Card mobile app, is overwhelming likely to determine if transactions are being initiated by a valid cardholder. When Leumi card transactions occur, SecuredTouch sends the issuer a risk score from 0 to 1000. Leumi can set thresholds for automatic approval, rejection...

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