How does Feedzai New Account Fraud compare to Application Fraud?

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The table below summarises some key information about Feedzai New Account Fraud from Feedzai and Application Fraud from Datavisor, giving you some points to compare.

Feedzai New Account Fraud Application Fraud
Product Use-cases
Product Description

Feedzai's New Account Fraud solution prevents fraud during the account creation process by identifying high-risk behaviors and profiles. The platform uses advanced analytics and machine learning to detect anomalies in real-time, stopping fraudulent attempts before they impact operations.

This solution integrates effortlessly with onboarding workflows, ensuring security while maintaining a positive user experience. Feedzai's New Account Fraud helps businesses protect their revenues, maintain trust, and reduce fraud-related risks.

DataVisor's Application Fraud solution is tailored to detect fraudulent account creation and applications, safeguarding businesses from risks associated with fake or malicious users. By analyzing behavioral data, device fingerprints, and global threat intelligence, the platform identifies anomalies and high-risk applications in real-time.

The solution employs machine learning models that adapt to evolving fraud tactics, reducing false positives while maintaining high detection accuracy. It integrates seamlessly with onboarding workflows, ensuring security without impacting the user experience. With DataVisor's Application Fraud solution, organizations can proactively address fraud risks while maintaining compliance and operational efficiency.

Vendor Feedzai Datavisor
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)
  • 🏆 Financial Crime and Compliance50 2024 - Ranked 31 by Chartis (2024)
  • 🏆 Category Winner - Risk Appetite Tuning by Chartis (2024)
Vendor Headquarters Portugal United States
Vendor Founded 2011 2013
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.

Datavisor offer an end-to-end fraud and risk SaaS platform powered by AI and machine learning, for financial institutions and large organizations to combat against a variety of fraud and financial crimes

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