Country: USA
Year: 2009
Concept
- Targeting fast growing businesses, Feedzai analyses millions of online risk factors and data points to automatically block bad orders and reduce manual check-ups
- The platform can control for its customers and therefore create precise and predictive risk profiles
- Feedzai focuses on payment transactions and works across payment types including: card, vouchers, prepaid cards, tokens or Bitcoin
- The platform was created in Portugal but has been relocated to the USA. Already present in six offices worldwide, Feedzai’s objective is to open new ones within a few years starting with opening an office in London
Consumer Benefits
- Money saving: by a scoring analysis, Feedzai determines high risk profiles and thus sets up matching controls in order to reduce fraud
- Time saving: by reducing shipment delays and excessively flagged reviews
- Reliable: using machine learning and big data models, the platform gives a high level of confidence and granularity
How To Use
- Users can request a demo online and then sign-up through the website
- Machine-learning will give users a risk score for every order
- Then a notification email is sent when a suspicious order is made
- Users can ask Feedzai which orders should be blocked to be aware of the fraud easily in the future