Following a $200m investment round earlier this year, Feedzai’s acquisition creates the world’s largest AI-powered financial risk management platform with native, integrated behavioral biometrics. The integrated platform enables financial institutions and merchants across the globe to detect and prevent financial crime before it occurs. Hypergranular risk-level assessment bolsters security, maintains privacy, and gives consumers a lightning-fast experience.
Revelock technology enhances Feedzai’s platform capabilities by providing a robust digital identity solution using state-of-the-art behavioral analytics powered by deep learning. Other digital identity providers focus just on behavioral biometrics, device assessment, phishing, or endpoint malware detection. Feedzai offers comprehensive global intelligence, natively integrated into the platform in a single solution. This critical addition to the Feedzai platform makes it the first end-to-end risk management platform for prevention, detection, remediation, and compliance that will improve the user experience while minimizing the burden on anti-fraud and anti-money laundering (AML) teams.
Through this acquisition, banks, payment processors, acquirers, and merchants can gain better insight into their customers and their transactional behaviors to make more accurate risk decisions, faster, protecting customers from cyber threats such as malware, phishing, and account takeover attempts. Feedzai manages the entire process, from login to checkout, automatically handling biometric and transactional data without adding any manual work for data science teams.
The Feedzai platform, with Revelock, provides customers with the following benefits:
- Holistic financial risk management that scales exponentially as business grows and minimizes capital and operating expenses
- Comprehensive models, rules, labels, and reports that leverage behavioral biometric intelligence from day one
- Unprecedented speed, refinement, and fidelity for the entire risk journey
- Visual modeling so analysts can easily make connections between seemingly disparate fraud events and link the devices used in those events
- Faster investigations enabled by the depth of data at the analyst’s fingertips
- Frictionless, silent, and transparent customer experience
- Seamless integration into Feedzai’s platform with a single UX and UI
Revelock technology will be natively integrated into the core Feedzai platform with historical behavioral biometric intelligence available immediately.