FinovateEurope 2014 / Feedzai
Presenter Profile:
How they describe themselves: Feedzai makes omnichannel commerce safe. Our fraud prevention software blocks payment fraud using Big Data. Banks, payment networks, and retailers rely on our sophisticated algorithms to predict and block more fraud earlier. By combining today’s technology, data science, and fraud expertise, we’ve built from scratch the most modern and fastest fraud-scoring platform on the planet.
Founded by data scientists and aerospace engineers in Europe, we expanded to the United States in 2013.
How they describe their product/innovation: Feedzai Fraud Prevention™ blocks payment fraud in real time – online, in store, mobile, and wherever customers shop. Built with the latest Big Data technology, Feedzai Fraud Prevention™ works transparently to risk score every single checkout transaction in under 25 milliseconds. Machine-learning models reduce the false alarms that overload order review staff. Individual 1-1 behavioral profiling detects more fraud than possible before. White-box scoring techniques provide clear, human readable explanations to enable a rich customer experience.
Feedzai is Fraud Prevention That Learns.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev., Press & Sales: Loc Nguyen, Marketing and Partnerships, loc.nguyen@feedzai.com, 415-535-7749