Wells Fargo × BioCatch
During 2025, Wells Fargo became one of 90 new customers to sign on with BioCatch, a provider of behavioral biometrics for fraud detection. [39] A January 2026 press release from BioCatch confirmed the addition of Wells Fargo during the previous year, making it one of three of the four largest US banks to use its products. [38, 39] The specific date and financial terms of the licensing agreement were not disclosed. [38]
The asset
A licensing agreement to use a behavioral fraud detection platform that analyzes thousands of signals like keystrokes and touch gestures to distinguish legitimate users from fraudsters. [38, 64]
The record
- Seller status
- Going concern
- Sector
- Behavioral biometrics data
- Modalities
- behavioral data, fraud detection data
- Jurisdiction
- US
- Personal data
- The platform collects and analyzes over 3,000 anonymized data points per user interaction. [64]
What it means if you hold data
This deal shows a major US bank adopting a sophisticated alternative dataset—behavioral biometrics—to manage risk upstream of the transaction itself. It highlights the move by financial institutions to license non-traditional data to combat complex fraud like account takeovers and scams, which are not visible in standard transaction data. [65]