Company Market Research Report: Feedzai

Company Overview

• Name: Feedzai

• Mission: To make the world a safer place for commerce, one transaction at a time.

• Founded By: Former scientists from the European Space Agency.

• Headquarters: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• Key People: No information is available

• Reputation: Known for using advanced AI to protect global financial institutions from fraud and financial crime.

Products

1. Account Opening Solutions

• Description: Ensures easy, safe, and cost-effective customer onboarding.

• Key Features:

• Helps improve the fraud prevention program.

• Uses behavioral biometrics and AI to distinguish fraudsters from genuine customers.

2. Transaction Fraud Solution

• Description: AI-powered solution to prevent transaction fraud.

• Key Features:

• Combines behavioral, non-monetary, and monetary data.

• Reduces false declines and approves transactions faster.

3. AML Transaction Monitoring

• Description: Enhances the accuracy and speed of AML compliance tasks.

• Key Features:

• AI-powered and user-driven tools.

• Provides a complete customer view with easy configuration.

4. ScamPrevent™

• Description: Protects customers from scams by identifying customer manipulation signs.

• Key Features:

• Focuses on customer sentiment and protection, reducing scam losses.

5. RiskOps Platform

• Description: A comprehensive suite for enterprise risk management.

• Key Features:

• Real-time risk scoring with Pulse Risk Engine.

• Segmentation of customer profiles for anomaly detection.

Recent Developments

• New Products/Features:

• Partnership with Backbase: Launched integrated financial crime prevention in the Engagement Banking Platform.

• Additional Availability: Fraud prevention solutions now available in AWS Marketplace.

• Industry Achievements:

• Recognition: Named a Leader in the IDC MarketScape for Enterprise Fraud Solutions 2024.

• Awards: Recognized as a Technology Leader in SPARK Matrix AML 2023 Report.

• Notable Partnerships:

• Credibanco Partnership: Selected Feedzai for real-time fraud prevention.

Conclusion

Feedzai has taken significant strides in expanding its reach and capabilities within digital fraud prevention and compliance through novel solutions and strategic partnerships. Their continued focus on AI-driven methodologies and comprehensive risk management strategies have established them as leaders in the financial crime prevention industry.