Artificial intelligence FinTech Feedzai announced Wednesday (Aug. 4) it has acquired Revelock, a behavioral biometric platform. The companies say their combined capabilities allow financial institutions and merchants around the world to detect and stop financial crime before it happens. “More than 20 percent of the...
In today’s top news, FinTech Feedzai is now valued at $1 billion, and Robinhood has confidentially filed to go public. Plus, delivery firm goPuff is now valued at $8.9 billion. FinTech AI Startup Feedzai Raises $200 Million At $1 Billion Valuation FinTech artificial intelligence (AI)...
Feedzai‘s Senior Vice President of Product Pedro Barata describes the pandemic era as “the perfect storm for payments fraud.” He describes to PYMNTS how Feedzai has helped its customers adjust and implement effective defenses against financial crime and react appropriately in a digital age. The...
Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai...
September 25, 2020
Although still a horrific event, the ongoing coronavirus crisis has, in many ways, created positive outcomes. In the world of payments, the pandemic introduced a once-in-a-lifetime event to accelerate digitization and adoption of electronic payments, much to the benefit of all parties involved. Yet unsurprisingly, malicious actors took that opportunity for their own advantage, too. […]
September 18, 2019
For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In...
September 17, 2019
Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and the losses are set to further increase as this year progresses. ATO and other fraud methods that...
July 25, 2019
Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access...
June 07, 2022
Trust Payments, which works on frictionless payments and value-added services, announced Tuesday (June 7) that it has entered a multi-year partnership with Feedzai, a RiskOps platform for financial risk management. The partnership will add cloud-based risk management for Trust Payments’ customers. The risk management will be powered through machine learning and artificial intelligence, the press […]
August 04, 2021
Artificial intelligence FinTech Feedzai announced Wednesday (Aug. 4) it has acquired Revelock, a behavioral biometric platform. The companies say their combined capabilities allow financial institutions and merchants around the world...
October 08, 2020
Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the...
July 29, 2020
Online payment tech company PayU is teaming up with cyber-fraud prevention firm Feedzai to beef up its network protections in a key global market, the companies announced on Wednesday (July...
