Senior Backend Developer
About the job
- At least 5 years of experience developing software for large-scale systems.
- At least 3 years of experience with Python or equivalent backend development, focused on building scalable and maintainable application programming interfaces and services.
- Experience with cloud architecture and microservices.
- Ability to lead large tasks.
- Ability to work independently and persist through unfamiliar tasks.
- Build core services and application programming interfaces that handle high volumes of real-time traffic and meet strict service-level agreement response times.
- Handle complex scenarios involving the collection, aggregation, and research of big data.
- Experience working in a continuous integration and continuous delivery Dockerized environment.
- Experience leading technical projects.
- Hebrew proficiency.
About the company
BioCatch provides cybersecurity services focused on digital fraud detection and prevention for large financial institutions, telecom brands, and fintechs. Its main product, BioCatch Connect, uses behavioral analytics to identify fraudulent actors by analyzing user behavior across web and mobile sessions. Features include Fraud Telemetry @Scale, Continuous Behavioral Sequencing, and Account Opening Protection, which monitor activities to detect risky actions and stop application fraud. BioCatch differentiates itself by basing risk assessment on the unique patterns of user behavior, enabling continuous monitoring beyond traditional rules-based approaches. The company aims to help clients secure digital journeys and protect financial assets, reducing fraud and supporting trusted customer relationships for banks, fintechs, and telcos.
Company Size
201-500
Company Stage
Acquired
Total Funding
$286M
Headquarters
Tel Aviv-Yafo, Israel
Founded
2011
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Simplify's Take
What believers are saying
- Visa signed BioCatch on August 3, 2026, validating its fraud platform.
- DeviceIQ launched March 11, 2026, targeting AI-driven scams, deepfakes, and mule activity.
- BioCatch reported over $185 million ARR in January 2026 and 90 new customers.
What critics are saying
- Visa's $2.4 billion acquisition closes by fiscal Q2 2027, limiting BioCatch independence.
- Regulators can block Visa's deal, freezing recruiting and customer plans for months.
- PayPal, Mastercard, and banks building in-house AI fraud tools can commoditize BioCatch.
What makes BioCatch unique
- BioCatch Connect unifies behavioral, device, transactional, and application signals.
- DeviceIQ shifts fraud detection before login, catching spoofed and jailbroken devices.
- Its network effect shares fraud context across 340-plus institutions and billions of sessions.
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Growth & Insights and Company News
6 month growth
-1%1 year growth
0%2 year growth
0%Alkami customers prevent over $263 million in fraud with BioCatch. Oct 09, 2026, 10:00 ET Annual results from the Alkami-BioCatch partnership demonstrate the impact of behavior-based fraud prevention and highlight customer experiences from Gate City Bank and Raiz Federal Credit Union. PLANO, Texas, Oct. 9, 2026 /PRNewswire/ - Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced that its customers using BioCatch through the Alkami Digital Banking Platform prevented over $263M in fraud during 2025, according to data shared by BioCatch. The results are being shared during Alkami's Cybersecurity Awareness Month, a time that highlights the importance of maintaining strong security practices throughout the year. Cybercriminals use a range of tactics to gain access to online banking accounts, from harvesting credentials through phishing attempts to manipulating users into surrendering confidential information. BioCatch Account Takeover Protection analyzes behavioral, device, and session signals in real time as account holders interact with digital banking, establishing a baseline for legitimate activity. It can identify deviations, such as unusual navigation, interaction patterns, or transaction behavior that may indicate a compromised account or active takeover attempt. "BioCatch gives our customers another way to recognize suspicious activity during a digital banking session without introducing friction for customers or members," said Brad Cranford, director, product management at Alkami. "The 2025 results show how behavioral and session signals are helping financial institutions detect account takeover risk earlier, giving them an opportunity to intervene before suspicious activity becomes a financial loss and helping protect the account holder relationship in the process." Each digital banking session is assigned a risk score that financial institutions can use to determine how activity should be handled. Financial institutions set their own thresholds based on their tolerance for potential fraud, allowing them to tailor the response to their security strategy. "Effective fraud prevention ultimately comes down to recognizing risk early enough to do something about it," said Jay Whoriskey, vice president of global partners and alliances at BioCatch. "Together, BioCatch and Alkami give banks and credit unions continuous visibility into user intent throughout every millisecond of every digital banking transaction, enabling those financial institutions to recognize account takeover in time to stop it. Preventing more than $263 million in fraud in a single year serves as a powerful demonstration of what behavioral intelligence can do at scale." Recent customer success stories exemplified the impact of Alkami and BioCatch's strategic partnership. Powered by Alkami's integrated partner ecosystem, Gate City Bank leverages BioCatch to proactively identify account takeover and suspicious behavior. The bank reported a 97% account takeover capture rate and $650K in deterred fraud loss over the last six months. Similarly at Raiz Federal Credit Union, the team deployed a layered security strategy and was able to prevent more than $286K in fraud in the first year, in combination with their other layered security solutions. BioCatch is available through the Alkami Alliance partner ecosystem and connects with the Alkami Digital Banking Platform. About Alkami Alkami provides a digital sales and service platform for U.S. banks and credit unions. Our unified Platform integrates onboarding, digital banking, and data and marketing - each solution can stand alone, but together they deliver more - to help institutions onboard, engage, and grow relationships. As the future shifts toward Anticipatory Banking, we help data-informed bankers meet the moment with technology that drives action. About BioCatch BioCatch prevents fraud and financial crime by recognizing patterns in human behavior, continuously collecting more than 3,000 anonymized data points - keystroke and mouse activity, touch screen behavior, AI agent usage, jailbroken devices, and more - as people interact with their digital banking platforms. With these inputs, BioCatch's AI and machine-learning models continuously assess both user intent and any signs of coercion or manipulation throughout every millisecond of every digital banking session, allowing banks to distinguish the criminal from the legitimate in real time. Insights drawn from across the entire network of BioCatch institutions further amplify the power and accuracy of that real-time risk-scoring. As of the end of H1 2026, more than 370 financial institutions deploy BioCatch solutions, analyzing 19 billion user sessions per month and protecting more than 760 million users on more than 1.8 billion devices around the world from fraud and financial crime. SOURCE Alkami Technology, Inc.
BioCatch’s behavioral and device intelligence expertise expected to help detect scams, account takeovers and digital fraud before they happen Visa (NYSE: V) today announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioral-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in cash. The acquisition of BioCatch complements Visa’s existing cyber, fraud, risk and security solutions and is expected to help clients better protect themselves and their customers from the growing threat of account takeovers, scams, money mules and application fraud. Since its inception, BioCatch has developed innovative AI and machine learning-based solutions that analyze thousands of application, behavioral, device, and network signals—such as keystrokes, touch gestures, and device handling—to detect fraud and distinguish legitimate users from fraudsters in real time. BioCatch protects 1.8 billion devices and
Visa layoffs signal shift toward AI and fintech innovation. Discover more Download Video Games Table of Contents Discover more Video Games Introduction. Visa, the big payment company, recently laid off a large number of employees at its Foster City campus. This news caught a lot of attention because of the number of people affected and the level of some of the employees who lost their jobs. The layoffs are part of a bigger plan Visa has to change the way it operates. In this article, Helpful Info For You'll break down what happened at Visa, why these layoffs took place, and how the company is moving forward, especially with new technology like artificial intelligence (AI). This story was based on information from a recent news article about Visa's changes. What happened at Visa's Foster City campus. About 320 jobs were cut at Visa's Foster City location. The roles affected weren't just entry-level workers; they included six vice presidents, senior directors, and technology staff members. This shows how deep the layoffs went into the company's leadership. The layoffs became public through a WARN filing, which is a legal notice companies must give when they plan big layoffs. Some of those who lost their jobs were among the highest-paid employees. This was a major change for Visa and a sign that something bigger was going on behind the scenes. Why is Visa laying off staff? Visa announced it plans to cut about 7% of its worldwide workforce, which is around 2,600 jobs. The company says these cuts are part of a larger effort to reshape how it works and to focus more on modern technology. A key part of this plan involves using artificial intelligence. Visa's CEO, Ryan McInerney, sent out a memo explaining how AI will be central to the company's future. He believes AI can help Visa become a more powerful and efficient business. But shifting to AI also means Visa needs fewer people in some positions, which is why the layoffs are happening. Visa's big move into AI. Visa recently made a big deal by buying BioCatch, an Israeli AI company, for $2.4 billion. BioCatch is special because it uses AI combined with biometric data to detect fraud. Biometrics include things like how you type on your keyboard or how you move your fingers on a touchscreen. This technology helps spot when someone might be pretending to be someone else, which is a huge problem for payment companies like Visa. By buying BioCatch, Visa is betting big on AI and biometrics to keep payments safe and fight cybercrime. This purchase fits right into Visa's strategy of using the latest technologies to improve security and make payments smarter. Explore AI Tools Conclusion. To sum it up, Visa's layoffs at the Foster City campus are part of a bigger plan to cut jobs and invest heavily in artificial intelligence. The company wants to become stronger and faster by using new tech like the AI-based fraud detection from BioCatch. This kind of move follows a trend in fintech and tech industries, where companies use AI to improve but often reduce the size of their workforce. Visa is changing the way it works to stay ahead in a fast-moving technology world, even if it means making some tough decisions for its employees. The future of payments is likely to be smarter, safer, and more automated because of these choices. Discover more Download Platform Games Explore Story RPGs Learn Game Development Last updated on August 29, 2026
Visa and Mastercard lead a busy week for deals | exits & deep reads. Aug 9, 2026 Hello Fintech Friends, This week, Visa agreed to buy fraud-detection firm BioCatch for $2.4 billion, while Mastercard completed its acquisition of stablecoin payments provider BVNK for up to $1.8 billion. The IPO pipeline also gathered momentum. Airtel Money prepared for a London listing at a $10 billion valuation, while PalmPay considered a Hong Kong IPO and Robinhood Ventures Fund II filed to raise up to $200 million. In other news, Santander's $12.3 billion Webster Financial deal won Federal Reserve approval, American Family Insurance moved to acquire Bowhead Specialty in a $1.2 billion transaction, while Maybank and Allianz Global Investors struck deals in Asia. Reads of the Week IPOs & SPACs - Fintech * Bharti Airtel is preparing to list its African mobile money business Airtel Money in London this year at a reported valuation of $10 billion. * Africa-focused payments fintech PalmPay is considering a Hong Kong IPO while seeking $200 million in private funding at a valuation of more than $1 billion. * Robinhood Ventures Fund II filed to raise up to $200 million in a U.S. IPO, giving retail investors exposure to early- and growth-stage private companies. * 1776 Acquisition filed for a $150 million SPAC IPO targeting technology-enabled businesses, including fintech, payments, insurtech and blockchain companies. * The U.K. Financial Conduct Authority eliminated a seven-day waiting period for publishing connected research and eased information-sharing requirements to reduce the time and cost of U.K. IPOs. * Financial Nigeria examines how PalmPay, OPay and Airtel Money are leading a push by African fintechs to tap public markets. M&A - Fintech * Visa agreed to acquire behavioral fraud-detection firm BioCatch for $2.4 billion in cash. * Mastercard completed its acquisition of stablecoin payments infrastructure provider BVNK for up to $1.8 billion. * Digital Currency Group-owned Fortitude acquired a 12.5-megawatt digital-asset mining facility in Nebraska for $6.25 million. * Accenture agreed to acquire IBM's majority stake in the joint venture that manages a significant portion of UniCredit's technology infrastructure. * PicPay completed its acquisition of Brazilian digital insurance technology company Kovr. * Arthur J. Gallagher acquired Canadian digital insurance broker and managing general agency Apollo Insurance Solutions. * India-based Mintoak acquired UAE-based rewards technology provider ICC Loyalty to expand its banking platform. * Indian media conglomerate The Times Network acquired Indian stock-advisory marketplace OpiGo for integration into its ET NOW Pro investment platform. * Cross-border payments platform OpenFX acquired Global Ledger to launch multicurrency accounts for fintechs and digital-asset companies. * ATM services provider Grant Victor acquired Automated Transaction Delivery and its affiliated retail ATM business, ATM Worldwide. M&A - Banks and Financial Institutions * Monte dei Paschi is exploring alternatives to Intesa Sanpaolo's $35 billion takeover bid. * American Family Insurance agreed to acquire the remaining shares of specialty insurer Bowhead Specialty in a deal valuing the company at $1.2 billion. * Maybank agreed to acquire Ageas's remaining 30.95% stake in the owner of insurer Etiqa for 4.83 billion ringgit ($1.18 billion). * Allianz Global Investors agreed to acquire UOB Asset Management from United Overseas Bank for S$555 million ($434 million). * Advent and a consortium including HarbourVest Partners agreed to acquire German wealthtech provider FNZ Bank from FNZ. * Corient agreed to acquire Summit Trail Advisors, a registered investment adviser managing more than $21 billion. * Sixth Street and Bayview Asset Management-backed vehicles acquired U.K. specialist lender Castle Trust Bank from J.C. Flowers. * The Federal Reserve approved Banco Santander's $12.3 billion acquisition of Webster Financial, clearing the deal to close Aug. 20. * Zions Bancorporation completed its acquisition of Basis Investment Group's agency multifamily lending platform, including its staff and mortgage-servicing rights.
OurCrowd portfolio company BioCatch acquired by Visa for $2.4 billion. August 3, 2026 @ 3:05 pm By JD Alois OurCrowd portfolio company BioCatch has been acquired by Visa (NYSE:V) for $2.4 billion. In a company statement, Visa said it had signed a definitive agreement to acquire the anti-fraud tech firm. BioCatch has developed an artificial intelligence (AI) and machine learning platform to analyze deep data such as device handling, keystrokes, and more to detect fraud and differentiate between valid users. Widely used by global banks, BioCatch is said to protect 1.8 billion devices and 760 million users globally. Online investment platform OurCrowd supplied growth capital to BioCatch alongside top VCs. Smaller, accredited investors were able to purchase private securities in BioCatch on the marketplace. In January 2026, BioCatch reported its best quarter ever, topping $185 million in ARR. At that time, BioCatch CEO Gadi Mazor said: "BioCatch's growth is proof that trust is becoming the defining currency of modern banking." In 2025, the company estimated it had protected more than $4 billion in fraud for the year. Andrew Torre, president of value-added services at Visa, said scams cost the global economy more than $1 trillion annually. "BioCatch will help our clients stop fraud before it reaches the point of payment. This acquisition is part of our strategy to help clients prevent cyber threats upstream, building trust into every transaction." In recent years, Visa has invested over $13 billion in new tech to protect the payment ecosystem. Mazor said Visa's acquisition positions it even better to protect consumers from financial crime. OurCrowd typically updates users on returns generated from their securities offerings but has yet to share what investors have earned in the deal. BioCatch last raised funding in 2024 at a $1.3 billion valuation. Have a crowdfunding offering you'd like to share? Submit an offering for consideration using its Submit a Tip form and Crowdfund Insider may share it on its site! Sponsored Links by DQ Promote