How does Feedzai Account Opening compare to Eye4Fraud VerifyCheck?

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The table below summarises some key information about Feedzai Account Opening from Feedzai and Eye4Fraud VerifyCheck from Eye4Fraud, giving you some points to compare.

Feedzai Account Opening Eye4Fraud VerifyCheck
Product Use-cases
Product Description

Feedzai's Account Opening solution safeguards the onboarding process by detecting fraudulent attempts to create accounts. The platform analyzes behavioral and identity data to identify high-risk profiles in real-time, preventing financial crime before it impacts operations.

With customizable workflows and seamless integration capabilities, Feedzai's Account Opening solution ensures a secure and frictionless customer experience. It empowers businesses to mitigate risks while enhancing onboarding efficiency.

Eye4Fraud's VerifyCheck solution offers robust check fraud prevention capabilities, enabling businesses to identify and block fraudulent checks before they are processed. By analyzing check data and user behavior, VerifyCheck provides real-time verification and risk scoring, reducing the risk of financial losses and operational disruptions.

The solution integrates seamlessly with banking systems and point-of-sale workflows, ensuring smooth operations while maintaining high levels of security. Eye4Fraud's VerifyCheck empowers businesses to protect their revenues and reputation by addressing check fraud proactively.

Vendor Feedzai Eye4Fraud
Vendor Awards
  • 🏆 Ranked - Strong Performer by Forrester (2024)
  • 🏆 Financial Crime and Compliance50 2024 - Ranked 13 by Chartis (2024)
  • 🏆 Ranked - Leader by IDC (2024)
  • 🏆 RiskTech AI 50 2024 - Ranked 4 by Chartis (2024)
  • 🏆 Category Winner - AI-driven Anti-Fraud Platform by Chartis (2024)
  • 🏆 RiskTech100 2024 - Ranked 35 by Chartis (2024)
  • 🏆 Category Winner - Emerging Crime Typology Detection by Chartis (2024)
  • 🏆 Category Winner - AI-driven Fraud Prevention by Chartis (2024)
Vendor Headquarters Portugal
Vendor Founded 2011
About the vendors

Feedzai is a data science company that develops real-time machine learning tools to identify fraudulent payment transactions and minimize risk in the financial services, retail, and e-commerce industries. Founded in 2011 by Nuno Sebastião, Pedro Bizarro, and Paulo Marques, Feedzai is headquartered in Coimbra, Portugal, with its U.S. headquarters in San Mateo, California.

The company's core offering is an AI-powered ‘RiskOps’ platform which helps financial institutions to detect, prevent, and manage financial crime while achieving regulatory compliance. Feedzai's solutions cover various aspects of financial security, including:

- Account opening and takeover prevention
- AML transaction monitoring
- KYC/Customer due diligence
- Transaction fraud detection
- Watchlist screening

Feedzai has achieved significant milestones in its growth and is now a well known brand in this space. It became a unicorn startup in 2021, valued at over $1 billion after a Series D funding round. Feedzai's AI analyzes over 3000 payment transactions per second and the platform processes 59 billion events per year and secures nearly $6 trillion in payments annually.

Fraud protection for e-commerce

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