FeedZai Blog

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June 6th, 2013

“Big Data Gets Real” – A Look at Three Innovative Companies

The Electronic Transaction Association (ETA) published the article, “Big Data Gets Real” in the June issue of Transaction Trends, its flagship publication.  The author, Rona Distenfeld, looks at three companies in different industries and of varying size — all  leveraging the huge amounts of data available today and bringing value to all of us by their innovative products and technology solutions.  For a look at what Isracard, Discover, and FeedZai are doing with big data, click here and read the full article.

Key Notes from Distenfeld’s article include:

“Companies of all sizes and in all industries are leveraging data-driven strategies to innovate, compete, and capture value from deep and up-to-real-time information.

“The potential of Big Data has spurred the growth of supporting companies that offer guidance, processing power, and tools to put the power of Big Data in reach.”

In addition to reading the case studies from Isracard and Discover, you’ll learn about FeedZai’s solution for smaller brands, payment processors, and online/mobile merchants. Nuno Sebastiao, CEO, discusses how FeedZai Fraud Prevention leverages real-time big data to detect and prevent fraud. Check it out – it’s worth the read!  Or find out how FeedZai can help your organization at www.feedzai.com.

 

 

 

 

 

 

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Posted in Big Data, FeedZai News, Fraud Detection, Fraud Prevention Solution, Innovations, Payment Processors by Elizabeth | No Comments »

May 20th, 2013

View from the Marketplace – SAP HANA and FeedZai

If you haven’t seen Steve Lucas’ piece, “View from the Marketplace” as published in the MIT Technology Review on May 17, 2013, you’ll want to take a look.  I won’t summarize the entire article, however, one of many interesting points is Steve discussing SAP’s commitment to taking Big Data “beyond the simple commodity of Hadoop” as exemplified by the HANA platform.  He further explores how SAP HANA platform users are changing the way companies do business.

Lucas writes, ”Having instant, actionable information is crucial for companies competing in a global marketplace, and SAP’s enterprise customers have enthusiastically embraced HANA. But the platform is sufficiently adaptable that even small startups not normally associated with SAP are finding that HANA can easily handle data-processing tasks that would make traditional systems choke and sputter.

“One example is Feedzai, a Silicon Valley company using HANA to perform real-time analytics on credit card transactions, to spot and block fraudulent transactions as they are occurring. That’s a big improvement over most current analytic products, which only flag problematic transactions for follow-up by a human help desk.”

For more information on how FeedZai is using SAP HANA to identify and stop fraud in the first instance, download the FeedZai Fraud Prevention Solutions Brief or email a fraud specialist at info@feedzai.com.

 

 

 

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Posted in Big Data, Big Data Analytics, FeedZai News, Fraud Detection, Fraud Prevention & Monitoring, Fraud Prevention Solution, Innovations by Elizabeth | Comments Off

March 25th, 2013

Fraud Detection and Prevention :: Top of Mind at FeedZai

The “Daily Mail” from PaymentEye is an excellent source of material for anyone interested in the payment processor space. PaymentEye recently cited a new study:  M-payment transactions to hit USD 1 trillion by 2015.   As referenced within the report, global mobile payment transactions may generate USD 1 trillion by 2015. Furthermore, consumers who are already accustomed to paying bills and buying goods online are driving much of the move toward mobile payments.

Of course, along with the increase in mobile payments is an increased risk for fraudulent transactions.  Take a moment to listen to Nuno Sebastiao, CEO here at FeedZai, where fraud detection and prevention are always top-of-mind.  Or, better yet, come and meet Nuno in person at three upcoming events:

NACHA Payments 2013, April 21-24 at the San Diego Convention Center. Booth 822.

ETA Annual Meeting 2013, April 30-May 2 at the New Orleans Convention Center. Booth 1215.

CIAB 2013, June 12-14, 2013 in Sao Paulo, Brazil.  More details coming soon!

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Posted in Business Solutions, Events, FeedZai News, Fraud Detection, Fraud Prevention & Monitoring, Fraud Prevention Solution, Payment Processors by Elizabeth | Comments Off