Feedzai is a risk management platform that uses big data and machine learning to offer advanced products. Banks, processors, and retailers use the company’s fraud prevention and anti-money laundering products to manage risk and improve customer experience. The company’s platform captures and converts multiple data streams and fraud insights and creates a risk profile. The machine learning software then works to process transactions and events instantly to deliver an explainable AI by adding a human readable semantic layer to the underlying machine logic.
USP : FeedZai offers products for fraud management, anti-money laundering solutions, and account opening. The company’s products enable users to score transactions for credit, debit, ATM, and digital wallets for payments. It also validates payments and transactions and reduces false declines. It streamlines enrollment processes for checking accounts, credit, debit, and prepaid cards. It helps users to respond to loan applications faster. It also enables account verification, KYC, OFAC and ID checks. It monitors payment types across all business units and creates unique customer profiles to track trends and observe anomalies. It also screens transactions against a list of sanctions.