159% increase<\/a> in banking fraud attacks. But that changes today.<\/span><\/p>\nI\u2019m thrilled to unveil Feedzai as the world\u2019s first RiskOps platform. RiskOps isn’t just a product. It\u2019s a unified approach that encompasses fraud, money laundering, compliance, and risk policies.\u00a0<\/span><\/p>\nFeedzai\u2019s RiskOps platform is built on three key pillars:<\/span><\/p>\n\nComprehensive Architecture<\/b>. Every phase of the risk journey – launch, prevent, detect, remediate, comply, and adapt – is managed in one platform. And the platform is architected for customization so your teams can configure it to meet your goals and risk appetite, align to your values, and exceed your customers\u2019 expectations.<\/span><\/li>\nHuman-Centered AI.<\/b> Our approach to AI is to put customers at the center of it. We don\u2019t think in terms of cohorts, we think of each individual. With fairness and bias considerations coupled with automatic model monitoring, we create hyper-accurate risk profiles for a frictionless customer experience every step of the way. <\/span><\/li>\nCollaborative Analytics Suite.<\/b> This is where the risk management magic happens. We break down silos between fraud, AML, compliance, and risk teams by putting all the tools and analytics they need in one, collaborative space to create a centralized view of risk. That means all the data available at all times. We call it the digital gold that shapes the future of your organization. We\u2019re sequencing the DNA of risk patterns and democratizing machine learning. We won\u2019t say that our cloud-based RiskOps Studio transforms your analysts into data scientists, but your analysts might. <\/span><\/li>\n<\/ol>\nThis suite is comprised of several key components:<\/span><\/p>\n\nTrust Your Customers with Financial Intelligence Network (FIN)\u00a0<\/b><\/li>\n<\/ul>\n FIN is a vast database containing over 1 trillion data points, sessions, and profiles of both good and bad actors. Every user session is kept anonymous, ensuring that people are always treated as people, not as data points.\u00a0<\/span><\/b><\/p>\n\nAccurately Assess Risk with Pulse Risk Engine<\/b><\/li>\n<\/ul>\n From day one you can connect data from various payment channels (even ones that haven\u2019t been invented yet!), payment types, devices, networks, behavior, accounts, geolocations, and more. You can also use external machine-learning tools or your own rules and models, and put them into production with no engineering work. With our integrated platform, your models go from sandbox to production with a single click. When we said the RiskOps Platform transformed risk management, we meant it.<\/span><\/b><\/p>\n\nRemediate Risk with Case Manager<\/b><\/li>\n<\/ul>\n Automatically contextualizes information to speed up alert disposition, breaks down silos between risk management teams, and creates a centralized view of risk so analysts transform data points into actionable insights that prevent and detect future attacks.\u00a0<\/span><\/b><\/p>\n\nUncover Hidden Risk with Genome<\/b><\/li>\n<\/ul>\n Sequence the DNA of risk and financial crime patterns to visualize relationships between criminal networks that would otherwise be undetectable.\u00a0\u00a0<\/span><\/b><\/p>\n\nManage Risk Better with Insights\/Reporting<\/b><\/li>\n<\/ul>\n Assess performances of rules and models to optimize effectiveness. Monitor key metrics across your entire risk portfolio including fraud and money laundering.<\/span><\/p>\nBut it\u2019s not just Chief Risk Officers (CROs) and their teams of data scientists and analysts who benefit from the Feedzai RiskOps platform. Consumers do too. Customers can open more accounts and have personalized experiences because you know them and they know you. It\u2019s a relationship built on trust and the result is growth.<\/span><\/p>\nToday marks the day that risk teams no longer have to take an a la carte approach to fraud, money laundering, financial crime, compliance, and risk management. They can now enjoy what so many other teams have come to take for granted: a connected, powerful platform that more than improves every part of their job, it transforms it. The end result? You open more accounts. Approval rates soar. False declines plummet. And most importantly, you win your customers\u2019 trust and loyalty like never before.<\/span><\/p>\n\u00a0Feedzai \u2014 World\u2019s First RiskOps Platform!<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_visibility=”yes” mobile_width=”0″ width=”2\/12″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"Change is inevitable. But the exponential rate of change we\u2019ve recently experienced is extraordinary. Considering this, why are we approaching risk management in an old-fashioned, old-tech way? No, this is not another article hailing machine learning as new technology. This is something different entirely. Are you ready for the future? Because it starts right now.<\/p>\n","protected":false},"author":40,"featured_media":123618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[368],"tags":[77,370,369],"acf":[],"yoast_head":"\n
Introducing the World's First RiskOps Platform | Feedzai<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n