How does Feedzai Aquirers & PSP Solution compare to Identity Fraud?

Feedzai's Acquirers & PSP Solution delivers advanced fraud prevention and risk management capabilities tailored for payment acquirers and payment service providers. Using machine learning, the solution analyzes transactions in real-time, identifying anomalies and mitigating fraud risks while maintaining operational efficiency.

This platform integrates easily with existing systems, offering customized workflows and actionable insights for fraud management. By leveraging Feedzai's Acquirers & PSP Solution, businesses can enhance security, reduce fraud losses, and ensure compliance with regulatory requirements.

Sardine's Identity Fraud module offers a comprehensive solution for identity verification and fraud prevention, safeguarding organizations and their customers from unauthorized access and identity theft. Utilizing advanced machine learning algorithms, this module analyzes user behavior and identity attributes in real-time, effectively identifying and mitigating potential threats. It supports various verification methods, including document verification, biometric authentication, and cross-referencing against global watchlists, ensuring compliance with regulatory standards while minimizing fraud risks. The module seamlessly integrates with existing systems through flexible APIs, facilitating streamlined onboarding workflows, precise risk scoring, and automated decision-making processes. By proactively detecting fraudulent patterns, Sardine's Identity Fraud module not only reduces financial losses but also fosters trust among users, delivering a secure and seamless experience. Organizations can customize risk thresholds and continuously monitor transactions, enabling them to adapt effectively to evolving fraud tactics and maintain robust security measures.

• 🏆 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)

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.

Sardine offers a platform to automate risk decisioning, catch more fraud, detect money laundering, and protect customers from scams.

Sardine's platform integrates several key functionalities aimed at combating fraud and ensuring compliance:

- Fraud Detection: Utilizing behavioral analysis and machine learning, Sardine detects scams before they occur by monitoring subtle changes in user behavior across the customer lifecycle—from onboarding to transaction monitoring.
- Risk Scoring: The platform employs advanced risk-scoring models to evaluate potential threats in real-time.
- Compliance Solutions: Sardine provides services such as Know Your Customer (KYC), Know Your Business (KYB), transaction monitoring, and anti-money laundering (AML) compliance.
- Device Intelligence & Behavioral Biometrics: By incorporating device intelligence and behavioral biometrics, Sardine enhances its fraud detection capabilities beyond traditional methods.

The inception of Sardine was driven by the founders' experiences in the fintech space, particularly their recognition of the fragmented nature of fraud prevention services available to cryptocurrency and neobanking sectors. Ranjan's background in cybersecurity and machine learning, alongside the team's collective expertise, led to the development of a unified API platform designed to tackle various fraud risks comprehensively. The name "Sardine" is a nod to Suspicious Activity Reports (SARs), which are critical in reporting financial crimes.