Feedzai and Chartis logos - used for blog post on why Feedzai was named top category leader in payment risk by Chartis

Feedzai, the world’s first RiskOps platform for financial risk management, has been named the top leader in all four categories of Chartis’ Payment Risk Solutions, 2023: Market and Vendor Landscape Report.

The report assesses fraud and financial crime risk from pre- to post-payment. Containing four RiskTech Quadrants®, it evaluates Feedzai’s RiskOps platform on three categories: card, account-to-account (A2A), and alternative payments, as well as an overall ranking.

In all three categories, as well as the overall ranking, Feedzai was ranked as the top category leader for payment risk solutions, outperforming 21 other vendors.

How Feedzai Stands Apart as a Payment Risk Leader

The report found that Feedzai’s unique RiskOps approach to financial crime ranked best-in-class in four out of seven categories for A2A payments: methodology and technology, real-time capabilities, risk and fraud models, and post-payment risk.

Graphic of Chartis RiskTech Quadrant for Payment Risk Solutions (Overall), 2023. Feedzai's name is circled as a Category Leader

Chartis outlined Feedzai’s differentiators as:

  • Breadth across multiple use cases
  • An array of different risk typologies
  • Adaptability to meet individual bank challenges
  • Volume and processing speed
  • A strong presence in Europe, followed by North America, LATAM, and APAC

“Chartis ranked Feedzai as a category leader in its Payment Risk report across all categories: card, account to account and alternative payments, and in our overall quadrant,” said Nick Vitchev, Research Director at Chartis. “Feedzai’s heritage, solution focus, and RiskOps platform enable it to deliver a combination of risk solutions – notably for AML and fraud – at scale and speed across a myriad of payment types and use cases, reflecting the needs of the market highlighted by our research.”

Pedro Barata, Chief Product Officer at Feedzai, said, “As more options become available for consumers to pay and move money, the risk of fraud also grows. Feedzai’s unique, market-leading RiskOps approach builds a holistic view of the risk landscape and, as a result, a stronger way of detecting crime. It ensures consumers are protected from fraudsters, in real-time and at scale, no matter how they choose to pay.”

How Feedzai’s RiskOps Platform Changes Stands Apart

This recognition from Chartis is a strong affirmation of Feedzai’s RiskOps platform and our unique approach to managing risk in the digital banking landscape. 

Blurry photo of people walking in office. Text: Master Risk Management with RiskOps!

Feedzai’s RiskOps platform is a comprehensive solution that addresses the full spectrum of financial crime risks, from fraud to money laundering. It combines machine learning, artificial intelligence, and human expertise to deliver a real-time, unified view of risk across all payment types and channels.

Some of the world’s largest banks and financial institutions use Feedzai’s RiskOps platform to protect their customers from fraud and financial crime. It has a proven track record of success, having prevented billions of dollars in fraud losses.

This recognition from Chartis is the latest in a series of accolades for Feedzai and further confirms our commitment to stopping financial crime. Quadrant Knowledge Solutions recently recognized us as a Leader in both Anti-Money Laundering and Behavioral Biometrics. Earlier this year, Feedzai aligned with the Global Anti-Scam Alliance (GASA), a non-profit organization dedicated to protecting consumers from financial crime and its harmful effects.

We’re honored for this recognition as payment risk leader. We view this recognition as proof of our commitment and obsession with protecting our customers from financial crime risks.