How does Feedzai Transaction Fraud compare to Transaction Monitoring?

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The table below summarises some key information about Feedzai Transaction Fraud from Feedzai and Transaction Monitoring from Fenergo, giving you some points to compare.

Feedzai Transaction Fraud Transaction Monitoring
Product Use-cases
Product Description

Feedzai's Transaction Fraud solution secures financial transactions by identifying and blocking fraudulent activities in real-time. Using adaptive machine learning, the platform evaluates transaction data and user behavior to detect anomalies while minimizing false positives.

This solution integrates seamlessly with payment systems and offers customizable fraud rules, ensuring businesses can maintain secure and efficient operations. Feedzai's Transaction Fraud platform helps organizations build trust and protect their revenues.

Fenergo's Transaction Monitoring solution enhances AML compliance by detecting suspicious activity in real-time through continuous monitoring. Its hybrid detection engine processes transactions to identify and block suspicious activities, reducing false positives and uncovering true positives that may be missed by legacy systems. The platform offers management and analytics dashboards for insights into performance, facilitating efficient SAR filing and bottleneck identification. :contentReference[oaicite:3]{index=3}

Vendor Feedzai Fenergo
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)
  • 🏆 Category Winner - Customer Onboarding Solutions by Chartis (2024)
  • 🏆 Financial Crime and Compliance50 2024 - Ranked 10 by Chartis (2024)
  • 🏆 RiskTech AI 50 2024 - Ranked 19 by Chartis (2024)
  • 🏆 Category Winner - AI-driven Customer Onboarding by Chartis (2024)
  • 🏆 Category Winner - KYC by Chartis (2024)
  • 🏆 RiskTech100 2024 - Ranked 38 by Chartis (2024)
Vendor Headquarters Portugal Ireland
Vendor Founded 2011 2008
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.

Solutions to manage risk across the customer lifecycle

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