• Feedzai ranked 35th overall in the RiskTech100 for major solution providers in risk and compliance technology, up 13 places from last year and up from 78th place two years ago, reinforcing its cutting-edge technology and innovative AI-first RiskOps approach

20 October 2023, San Mateo, Calif: Today, Feedzai, the world’s first RiskOps platform for financial risk management, has been named as the Financial Crime – Enterprise Fraud category winner by Chartis in its latest RiskTech100 Report . Feedzai was selected for the award over the other vendors in the report, reinforcing its cutting-edge technology approach in tackling fraud.

Feedzai’s position as the top performer in this category is due to the strength of its fraud analytics, which enable it to make precise decisions from vast quantities of data at millisecond latency. Feedzai’s RiskOps approach achieves a single customer risk view across a wide range of use cases, including both fraud and anti-money laundering.

Feedzai stood out through its ability to interrogate data and analytics through an easy to use interface and flexible and comprehensive workflow and case management. Chartis also set Feedzai apart from other vendors in this category due to its strong focus and clarity in strategy, focusing on core capabilities that align with the direction of the market.

In addition to being named as the Enterprise Fraud Category Winner, Feedzai ranks 35th for major solution providers in risk and compliance technology, up 13 places from 2023 and up from 78th place two years ago. The Chartis RiskTech100 Report ranks the world’s major solution providers in risk and compliance technology. The rankings reflect its analysts’ opinions, along with research into the risk management space including market trends, participants, expenditure patterns, regulatory and governance standards and best practices.

Pedro Barata, Chief Product Officer at Feedzai said, “Feedzai is honored to not only have improved 43 places in the last two years as a risk solution provider, but to now have won the Enterprise Fraud category, which we believe reflects the strength of our platform and the significant investments we make in R&D. The fraud landscape has shifted dramatically in the last few years, requiring an evolution of fraud management technologies. Our Transaction Fraud for Banking platform provides a future-proof solution for enterprises to protect their consumers whilst providing them with the best user experience.”

“Feedzai continued its strong performance in the RiskTech100, rising 13 places – a reflection of continued development in its analytics capability across its fraud and AML suites, and the flexibility and scalability of its platform,” said Sid Dash, Chief Researcher at Chartis. “Moreover, renewed clarity in Feedzai’s strategic direction has enabled it to commercialize its product developments.”

About Feedzai:
Feedzai is the world’s first RiskOps platform, protecting people and payments with a comprehensive suite of AI-based solutions designed to stop fraud and financial crime. Feedzai is trusted by leading financial institutions to manage critical risk and compliance processes, safeguarding trillions of dollars of transactions while improving the customer experience and protecting the privacy of everyday users. For more information, visit feedzai.com.

Media Contacts:
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