How does Feedzai Digital Trust compare to Proxy Detection?

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The table below summarises some key information about Feedzai Digital Trust from Feedzai and Proxy Detection from iDenfy, giving you some points to compare.

Feedzai Digital Trust Proxy Detection
Product Use-cases
Product Description

Feedzai's Digital Trust solution strengthens the security of digital interactions by detecting and mitigating risks in real-time. By analyzing behavioral patterns and transaction data, the platform identifies anomalies and protects businesses from fraud and financial crimes.

The solution integrates seamlessly with digital platforms, ensuring a secure and seamless user experience. Feedzai's Digital Trust enhances customer confidence and operational security in the digital ecosystem.

iDenfy's Proxy Detection service enhances transparency and security by identifying and filtering IP addresses that use proxy servers, VPNs, or other anonymization tools. This service is essential for businesses that require accurate geographic and identity data for compliance or fraud prevention purposes. By detecting and mitigating the use of proxies, businesses can ensure that their systems are interacting with legitimate customers, reducing the risk of fraud and enhancing the accuracy of their data.

Vendor Feedzai iDenfy
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 Lithuania
Vendor Founded 2011 2017
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.

iDenfy, founded in 2017 and headquartered in Kaunas, Lithuania, is a technology company specializing in identity verification, fraud prevention, and compliance solutions. Their platform assists businesses in adhering to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations by transforming customers' smartphones or computers into identity scanning terminals equipped with facial recognition capabilities.

The company's services encompass a range of verification processes, including address and business verification, proxy detection, fraud scoring, and sanctions screening. By supporting over 1,300 types of identity documents across 200 countries and territories, iDenfy enables organizations to reduce risk and minimize fraud in online transactions.

iDenfy's solutions cater to various industries, such as fintech, blockchain and cryptocurrency, gaming, and the sharing economy. Their innovative end-to-end fraud prevention ecosystem is designed to detect and prevent cybercrime in real-time, ensuring AML and KYC compliance for businesses of all sizes.

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