Feedzai

Feedzai KYC

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About Feedzai KYC

Data last checked by us: November 2024


Feedzai's KYC solution streamlines the customer verification process by automating checks against global databases, including sanctions lists and PEP records. The platform ensures compliance with KYC regulations while minimizing onboarding friction for legitimate users.

With advanced analytics and real-time risk scoring, Feedzai's KYC solution enhances decision-making and ensures accurate risk assessments. This empowers businesses to meet regulatory obligations while optimizing customer acquisition processes.

Which use-cases can Feedzai KYC be deployed for?

KYC (Primary)

About Feedzai

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.

Founded: 2011

Example Customers: ABN Amro, Santander, Fiserv, Standard Chartered

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Vendor Awards

   

Category Winner - AI-driven Anti-Fraud Platform

Awarded By: Chartis

Topic: RiskTech AI 50 2024

Date: July 24, 2024

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Category Winner - Emerging Crime Typology Detection

Awarded By: Chartis

Topic: Financial Crime and Compliance 50

Date: March 14, 2024

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Category Winner - AI-driven Fraud Prevention

Awarded By: Chartis

Topic: RiskTech 100

Date: July 24, 2024

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Vendor Rankings

   

Ranked - Strong Performer

Ranked By: Forrester

Topic: Enterprise Fraud Management Solutions, Q2 2024

Date: June 05, 2024

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Financial Crime and Compliance50 2024 - Ranked 13

Ranked By: Chartis

Topic: Financial Crime and Compliance 50

Date: March 14, 2024

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Ranked - Leader

Ranked By: IDC

Topic: Worldwide Enterprise Fraud Solutions 2024

Date: March 01, 2024

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RiskTech AI 50 2024 - Ranked 4

Ranked By: Chartis

Topic: RiskTech AI 50 2024

Date: July 24, 2024

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RiskTech100 2024 - Ranked 35

Ranked By: Chartis

Topic: RiskTech 100

Date: July 24, 2024

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User Reviews

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