Feedzai is a data science company that uses real-time, machine-based learning to help payment networks, banks and retailers prevent fraud in omnichannel commerce. Feedzai’s fraud science technology fuses machine learning with human intelligence to power payments systems globally for customers in North and South America, Europe, and Africa. Customers use Feedzai’s Fraud Prevention That Learns™ software to predict and prevent electronic payment loss before it occurs. The software can detect fraud by as much as 10 days earlier than other solutions and expose more fraud cases (up to 60% more), all with lower false alarms.
Feedzai’s technology takes advantage of machine learning to help customers detect fraud by understanding the way consumers behave when they make purchases, online or in-store.
Launched in Europe by aerospace engineers and data scientists, Feedzai is bringing its expertise to the United States, a country lagging behind in regards to fraud protection technology compared to other parts of the world that have leap-frogged straight to mobile and advanced chip cards.