How Is Feedzai Used To Detect Financial Fraud?

Financial scams have become increasingly sophisticated, with scammers now using generative AI to create convincing scams. To combat this, risk management platforms like Feedzai are using advanced technology such as machine learning and big data analytics to enhance security. Feedzai is a RiskOps platform that provides fraud prevention solutions to banks, retailers, and payment providers, and was founded in Portugal in 2011. It now operates globally and focuses on safeguarding users from the risks associated with banking and e-commerce.