The Feedzai Blog

Read_Up_Brain_Up

Forget About the Algorithms – It’s the Data that Prevents Fraud

Myth: it’s all about the algorithm. Reality: it’s all about the data the training data, the sources of data, and the quality of the data.

Read more...

The Roadmap to GDPR, and Creating the Right to be Forgotten

Beginning this May, as the General Data Protection Regulation (GDPR) is introduced to Europe, we’ll finally know what happens to our data. And more than that, we’ll be able to control our data’s fate.

Read more...

AI Trends to Watch in 2018

AI breakthroughs are piling up rapidly, one after another. Here are three trends that we predict for the coming year.

Read more...

Improving Fraud Detection: Rules versus Models

It is standard practice in managing payments to block potentially fraudulent transactions via a set of rules. These rules can be very effective in mitigating fraud risk, and practitioners in the industry are comfortable with this approach. Quite often these rules are able to mitigate the losses from fraudulent transactions without producing a correspondingly high alarm rate.

Read more...

Do You Know Me?: Recognizing Your Customers with Digital Identities

Today’s customers expect a lot out of their digital banking experiences. Gone are the days when customers felt reluctant to share personal information. Today they’re willingly trading personal information for better and faster service. An Accenture survey found that 78% were happy to share personal data with their bank, but that 66% demanded faster, easier services in return.

Read more...

Fraudsters Charge Their Batteries and Other Insights from Feedzai Research

59 records are lost or stolen every second, according to the Breach Level Index. This data includes credentials, personally identifiable information, and credit card numbers. Fraudsters count on hiding in these piles of data. But look close enough and you can see the subtle patterns they leave in their wake. Today we published a report, 7 Trends in Online Fraud, based on findings from Feedzai Research.

Read more...

As Online and Mobile Retail Rises, So Does Bot Fraud

Gone are the days when fraudsters would wait in line at Toys”R”Us to return an item they had stolen. Today, these fraudsters are hiding behind the digital curtain, and they’re using speed and velocity as tools for their crimes. In this blog post, we’ll look at one of these tools in particular: bot attacks.

Read more...

PSD2 and the unknown challenges: a tale of a modern revolution

With January fast approaching, it is time to ask: what do we really know so far about the revised Payment Services Directive (PSD2)? And how much is still unknown? Banks in Europe are facing a “monumental shakeup,” in the words of a Roland Berger publication, which states

Read more...