This post was originally published on The FinTech Times
A new report from behavioural biometrics company BioCatch has revealed the tangible success of Australia’s real-time financial crime intelligence-sharing network, detecting over $60million in attempted fraud in just three months.
The findings, detailed in the 2025 Digital Banking Fraud Trends in Australia report, showcase the effectiveness of the BioCatch Trust™ Australia network. Launched a year ago, the network now protects more than 85 per cent of the nation’s banked population. In the third quarter of 2025 alone, it analysed over 180 million payments totaling more than $330billion.
Stopping scams before funds leave
Tim Dalgleish, BioCatch SVP of Emerging Solutions and Network.
A key highlight of the report is the network’s ability to intercept social engineering scams. BioCatch revealed that when its network successfully matches a beneficiary’s account profile, its signals now detect more than 70 per cent of social engineering scam payments before any funds leave the sender’s account.
“In better than 70% of those transactions, BioCatch Trust reliably retrieved the beneficiary’s account profile, assessing the end-to-end payment risk before any money left the sender’s account,” said Tim Dalgleish, BioCatch SVP of Emerging Solutions and Network.
This preventative capability is particularly relevant for the UK,
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