Feedzai

There’s still time to register for MoneyLIVE North America! If the threat of GenAI-assisted fraud attacks keeps you up at night, make sure to catch Lenny Gusel’s advisory session focusing on the challenges and opportunities of B2B real-time payments. Get industry insights into key fraud and scam threats in the real-time B2B landscape (including GenAI-assisted deepfakes, BEC fraud, and account takeovers). Plus, meet our team in-person and learn how our AI-powered solutions help financial institutions: - Enhance KYC processes with digital data signals - Detect scams using behavioral biometrics and malware detection - Identify mule accounts at onboarding and throughout the customer lifecycle See you there! #MLNA2024 #Payments #Banking #FraudPrevention https://hubs.la/Q02Py6V90

Fraud never stays the same – it evolves, making it harder for financial institutions to keep up. Traditionally, developing new models to address emerging fraud schemes is time-consuming and resource-intensive. But what if there was a faster way? Feedzero is an out-of-the-box solution designed to adapt to evolving fraud patterns. Feedzero is ready to work from day one, detecting complex fraud schemes with more speed and accuracy than traditional rule-based systems. Feedzai’s Ayasha Ali shares how Feedzero enhances fraud detection, reduces false positives, and helps financial institutions stay ahead of both known and emerging threats. Learn how AI-driven fraud detection can make an immediate impact. #FraudPrevention #AI #FinancialServices #RiskManagement #Innovation https://hubs.la/Q02Plrjn0

Banking is shifting to online, making it more important than ever to trust a customer you've never met in person. Understanding the risks of application fraud is vital for every financial institution. Join Feedzai’s JD Devenyns and Thomson Reuters' Aaron Marks in an engaging webinar where they’ll share strategies to shield your bank from the moment of onboarding. Secure your spot today! #Fraud #FraudPrevention #FinancialServices https://hubs.la/Q02NRs9c0

If a fraud solution provider is boasting about their latency numbers, be cautious—it’s easy to be misled. Latency is simply the time it takes to complete a task. It can be measured in two ways: average latency and percentile latency. Average latency is straightforward, but percentile latency is more revealing. Even a few slow transactions can drastically skew the results, as Feedzai's Chief Science Officer Pedro Bizarro points out. For example, in a system processing 100 million transactions, 99.95% might have a latency of 20 milliseconds, but if 0.05% spike to 500 milliseconds for just 50 seconds, the average barely changes, while the 99.95% percentile jumps to 500 milliseconds. This shows how even brief slowdowns can significantly affect metrics, making percentile latency a better indicator of system quality. Also, consider what type of latency is being measured—server, network? To truly evaluate performance, you need to look at both percentile latency and communication costs. #fraudprevention #riskmanagement #computerscience

Good insights from Daniel Holmes!

Fraud prevention isn't just a battle—it's an evolving science. As fraudsters get smarter and payment methods grow more complex, the challenge for banks isn’t just to keep up—it’s to stay ahead. So how can you ensure your strategies are cutting-edge, effective, and resilient? We’re excited to share an in-depth case study that spotlights the most innovative fraud prevention solutions recognized in the 2024 Impact Awards, including Feedzai and Form3’s award for Best Scam and APP Fraud Prevention Innovation. This isn’t just another report; it’s a look inside the strategies that leading financial institutions are using right now to tackle APP fraud, boost customer trust, and streamline operations. Here’s what you’ll find: - Real-world examples of how top banks are reducing fraud risk across all channels. - Actionable insights on leveraging AI and machine learning for real-time fraud detection. - Practical tips on balancing strong security with a seamless customer experience. - This case study is a must-read for anyone committed to safeguarding their institution against the latest fraud threats. Get your hands on these insights now: https://hubs.la/Q02MrCmS0 Let’s keep pushing the boundaries of what’s possible in fraud prevention—together.

Is your bank ready for the digital-first future? Get insights from global organizations into how to protect your bank from new account fraud. JD Devenyns from Feedzai and Aaron Marks from Thomson Reuters outline key strategies to prevent application fraud before it impacts your business. Register now! #Fraud #FraudPrevention #FinancialServices

We hope you had an amazing August and are looking forward to months ahead! Take the time to read our new Feedzai Spotlight Newsletter. #hiring #culture #fintech

As summer winds down, catch an exclusive sneak peek of our new podcast, FraudBytes! FraudBytes explores the dynamic world of fraud trends, financial crime, regulations, and technological advancements in the banking sector. Each 20-minute episode delivers expert insights from global leaders, offering a unique comparative analysis. Our specialists share real-world experiences and their work with major banks, unveiling the latest developments and challenges across different regions. This compelling perspective highlights both regional differences and the shared goals that drive innovative fraud prevention strategies worldwide. In the preview episode, Daniel Holmes and Lenny Gusel dive into the US and UK perspectives on the surge in call center fraud, the potential role of AI in combating it, the critical importance of accurate fraud labeling, and more. Whether you’re listening on Spotify, YouTube, or Apple Podcasts, FraudBytes is your go-to source for staying informed and ahead of the curve. 🔗👇 #fraudprevention #bankingindustry #podcast

The Feedzai team is thrilled to be a part of yet another invaluable Datos Insights Financial Crime & Cybersecurity Forum! Our team is busy networking in the exhibit hall and our own Lenny Gusel lent his expertise to a panel on how the latest advancements in fraud analytics can keep banks ahead of fraudsters' evolving tactics. Plus, Feedzai is proud to be hosting tonight’s Fraud Council dinner. We hope our fellow attendees are enjoying this event as much as we are! #FinancialServices #FraudPrevention #AI #Innovation #Banking