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FeedZai Fraud Prevention
FeedZai Fraud Prevention application is helping payment processing companies and other financial institutions prevent fraud before it occurs, in real-time.
With dramatically lower false positive rates, companies are transforming their auto-screening practices and case management.
Feedzai Fraud Prevention:
- Delivers the industry’s best sub-second automated fraud screening results with the lowest percent false alerts.
- The Fraud Prevention Optimizer is the industry’s gold standard for managing tradeoffs between blocked fraud, false alerts, manual review costs, and customer satisfaction.
- Includes alert workflow management for manual review and disposition.
- Reports and KPI tracking for fraud department performance.
- Computes real-time and historic profiles of users/cards, merchants and fraud.
- Continually minimizes false alerts by retraining fraud models every week instead of every six (6) months, as is industry practice.
How it Works
- Uncovers anomalies in transactions by computing historic profiles from up to 2 years of data of each card, merchant and fraud case, then comparing to real time transactions.
- Prevents fraud by scoring and blocking obvious fraudulent transactions.
- Tracks suspected fraud with automated fraud case management.
See how companies are using Feedzai Fraud Prevention today. View the full Case-Studies