Feedzai Honored as Silver Stevie® Award Winner in 2014 American Business Awards
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San Mateo, CA – September 22, 2014 – Feedzai, a company that uses data science and behavioral analysis to prevent fraud in omnichannel commerce, was presented with a Silver Stevie® Award in the Most Innovative Company of the Year category in The 12th Annual American Business Awards on September 12.
The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Nicknamed the Stevies for the Greek word for “crowned,” the trophies were presented to winners during a gala banquet on Friday, September 12, at the Palace Hotel in San Francisco. More than 250 nominees and their guests attended for the presentation of new product awards, website awards, app awards, and more.
More than 3,300 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Most Innovative Company of the Year, Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year, among others. Feedzai won Silver in the Most Innovative Company of the Year category for companies with 100 employees or less.
“We are honored to win a Stevie Award for innovation, as we’ve built our platform from scratch using modern technology and focused it on the age-old problem of fraud management, which has plagued the industry from the beginning of commerce,” said Nuno Sebastiao, CEO of Feedzai. “We congratulate all of the winners and nominees in both our category and the awards program overall.”
Feedzai Fraud Prevention That Learns™ technology fuses big data and machine learning to allow analysts to predict and prevent electronic payment loss in real time based on behavioral analysis and understanding of the way consumers behave when they make purchases online, in-store, or from mobile devices. The software uses big data, including mobile and social data streams, to create deep learning profiles for each customer, merchant, location or POS device, with up to a three-year history of data behind it, helping to mitigate risk, guard every transaction and preserve the customer experience.
Stevie Award winners were selected by more than 240 executives nationwide who participated in the judging process.
“We’re delighted to recognize so many innovative companies, new products, technical achievements, and technology executives this year,” said Michael Gallagher, president and founder of the Stevie Awards. “We congratulate all of the Stevie Award winners, and thank them for the inspiration their achievements have stimulated.”
Details about The American Business Awards and the lists of Stevie Award winners who were announced on September 12 are available at www.StevieAwards.com/ABA.
Feedzai helps payment providers, banks and retailers prevent fraud in omnichannel commerce. Feedzai Fraud Prevention That Learns™ technology fuses big data and machine learning to allow analysts to predict and prevent electronic payment loss in real time based on behavioral analysis and understanding of the way consumers behave when they make purchases, online, in-store or from mobile devices. The software analyzes big data, including mobile and social data streams, to create deep learning profiles for each customer, merchant, location or POS device with up to a three-year history of data behind it, helping organizations mitigate risk, guard every transaction and preserve the customer experience. Feedzai is a global company, with US headquarters in San Mateo and is backed by SAP Ventures, big data investment firm Data Collective, and other international investors. Companies that rely on Feedzai include Coca-Cola, Logica, Vodafone, Ericsson, SIBs Payment Solutions, Horizon Wind Energy, and Servebase Credit Card Solutions.
To learn more about Feedzai, visit www.feedzai.com
About the Stevie Awards
Stevie Awards are conferred in six programs: The American Business Awards, the German Stevie Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Sales & Customer Service, and the Asia- Pacific Stevie Awards. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.