Feedzai

RATING:

4.7

(6)
Overview

About Feedzai

Feedzai is a cloud-based solution that helps businesses identify, remediate and prevent financial frauds using artificial intelligence (AI) technology and machine learning capabilities. Professionals can use the dashboard to establish digital footprints or hyper-granular profiles for individuals and analyze behavioral data to detect suspicious activities. Feedzai allows organizations to conduct risk assessments and review transactions to mark them as ‘fraud or ‘not fraud’. Managers can create watchlists and automatically screen customers or enterprise data against relevant at-risk categories or details. Additionally, users can maintain transaction logs and generate analytical reports. Feedzai provides an API, which helps facilitate integration with several third-part...
Feedzai transaction history

Feedzai Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4.5

Value for money

4

Functionality

4.5

Most Helpful Reviews for Feedzai

6 Reviews

User Profile

Caroline

Verified reviewer

Consumer Goods, 1,001-5,000 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed September 2023

Well-detected fraud identification

I believe that in these times where there is so much deceit and scams there is mistrust whenever transactions are made, but Feedzai provides precisely the security that is needed to carry out transactions with confidence.

PROS

With Feedzai, it generates confidence to carry out any money process by having a security scheme where it perfectly analyzes each fraud in payments in real time, avoiding fraud before it happens.The scam is so common to happen but with Feedzai we have had the guarantee and security that was the solution to combat scams, with their good service they also provide luxury attention giving more confidence that it is a platform that can be trusted.

CONS

No, we have not had any type of inconvenience because your good service has been correct from the beginning

shmuel

Banking, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2021

excellent product and staff

PROS

the software is updated with all of the latest technology that are out there in the market. big data, machine learning, artificiall intelligent ect.. the product is flexible and can be custimsed as well as being configured for monitoring in severral dimenstions such as card level, merchant level, online banking ect..

CONS

it seems as the product was built to perrform better on cloud than on premiss

Reasons for switching to Feedzai

we had the impression that the product was allready "to old" and didnt fit to the latest trends and technology. the product was black box without the ability to be customised to our needs

David

Gambling & Casinos, 10,000+ employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

2

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2021

Great product for more sophisticated use cases

Using Feedzai in an omnichannel environment it handles multiple data feeds with ease, using third party connections it still processes transactions at a great speed. The flexibility of the product means we are yet to find a fraud issue we can’t solve with Feedzai.

PROS

Feedzai has amazing flexibility and could be utilised in most decision making scenarios. The support team are fantastic and you feel product teams have a real passion for their product.

CONS

With great power comes great complexity, it would not be suitable for someone with little experience administering fraud products. The huge capabilities and performance do come with a fairly high cost but it’s not out of line with it’s main competitors.

Marcio

Financial Services, 5,001-10,000 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2021

A great tool full of potential to evolve a lot yet

Feedzai's tools meet our demand for a tool to create/manage/control fraud prevention rules and cases. With a year of use we have already achieved a lot of gain with the tool but we still have the feeling that the tool has the possibility of delivering much more. We really hope to see a dashboard visualization session with our main KPIs and reports that show us something more, a Pulse with a better flow of rules creation, that involves fewer steps and more automation. And we expect a more fluid CaseManager, with quick loads and different possibilities for creating rules and customizations.

PROS

CaseManager The tool has a lot of useful things for everyday life. The set of queuing, use of SLAs and automated rules help us a lot to control the cases that we want to pay more attention to. The way we visualize each event, with the reference data always in view, and having just a few clicks on the historical cases of the same customer represents a very big gain in the time of analysis. Pulse The possibility of creating rules in any scenario we want, mainly due to metrics, is a very big advantage that Pulse provides us. In a few minutes we were able to create / edit a rule and place it in our production environment. It is also very good to have the possibility to leave rules turned off and to be triggered only in specific cases and in a short time.

CONS

CaseManager Automated rules need more attention, since they are not so flexible as to allow us to send the cases we want, according to the rule triggered, for example, for each queue. The performance reports of analysts / rules / events are very basic, providing only the minimum amount of information we need to measure performance. The reference data is not recognized if we do not send the customer's document, but we could recognize the customer with just the card data, for example. Pulse Although it is quick to create a rule and / or metric, it is costly. It involves many steps, creating fields in workflows, updating snapshots, several updates. I believe that some steps could be automated so that the user does not get lost in the process. For example, when creating a metric, it should not be necessary for the user to create a field in the workflow, but for it to be created automatically. And if we changed the name of a metric, it should be updated automatically as well. In the metrics panel, because the names are similar to each other, it's easy to get lost. It would be nice if we could see where each metric is being used. The space for developing the rules / metrics / maps also requires some attention. Many times there was no space to write the code and the visualization is confusing, with one field overlapping the other in the view, for example. The explanations of the rules have a character limitation. Therefore, we are very limited to very short explanations.

Reason for choosing Feedzai

Potencial, time to production, tecnology up to date.

User Profile

Anthony

Verified reviewer

Food & Beverages, 201-500 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed July 2023

Secure finance

PROS

Builds digital trust to protect customers and the business from fraud and cyberattacks. With the right tools and strategies, risks can be identified and mitigated before they become a problem. They have advanced technology such as behavior analysis and machine learning to obtain greater certainty in risk assessments and guarantee full transparency to stay ahead of compliance requirements.

CONS

They have a weakness and it is the customer service team that does not give specific answers about the information requested

Shaun

Gambling & Casinos, 501-1,000 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

2

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed May 2021

Feedzai

We have seen a reduction in fraud utilising Feedzai genome, it allows us to link fraudsters together quicker. It enables us to link together over 100 fraudsters from a previous attack.

PROS

The ability to build complex rules, aalthough the process isnt easy we can build almost any rule we like

CONS

Lack of reporting ability, and also how difficult it can be to build rules.

6 Reviews