by Robert Harris
3 minutes • • October 28, 2024

Feedzai Named Best Enterprise Fraud Solution for Second Consecutive Year by Chartis

We’re proud to announce that Feedzai has been named the Best Enterprise Fraud Solution in the esteemed Chartis RiskTech100 2025. What’s more, we have increased our overall position for the fourth consecutive year, coming in at 32.

 

Feedzai’s History of AI Excellence, Recognition

Feedzai competed with many vendors in this category and earned recognition for our AI-first approach to fraud prevention, unprecedented data processing speed, and ability to tailor solutions across a wide range of risk typologies.

This incredible recognition further confirms Feedzai’s leadership and authority as an artificial intelligence leader in the fraud prevention sector. Even more noteworthy due to the fact that Feedzai’s solution focuses exclusively on fraud and financial crime threats. Chartis’ recognition demonstrates our dedication to helping financial institutions protect their customers and the economy from fraud and money laundering threats.

 

Best Enterprise Fraud Solution

Feedzai’s commitment to fraud risk excellence shines brightly as we clinch the Financial Crime – Enterprise Fraud category award in […]

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Why Feedzai Stands Out in Chartis RiskTech100 2025

This is the fourth year that Feedzai has been recognized on the Chartis RiskTech100 list. Our ranking has also steadily increased with each placement, cementing our status as the global AI-powered fraud prevention and risk management platform.

Here’s how Feedzai’s Enterprise Fraud solution excelled according to Chartis’ analysis.

  • Fraud Analytics: Feedzai’s data-driven approach offers precise real-time fraud detection and prevention.
  • Platform Scalability: Feedzai’s flexible platform adapts to new use cases, serving both large enterprises and mid-sized clients with complex needs.
  • User Interface and Visualization: Feedzai’s easy-to-use interface helps financial institutions quickly analyze data and improve fraud detection processes.
  • Strategic Alignment: Feedzai is focused on scalable, AI-driven risk management, aligning our strategy with industry trends.

 

Feedzai: Built with AI at its Core

AI has always been at the core of Feedzai’s operations. Many other alternative enterprise fraud management (EFM) solutions were initially designed as rules-only systems. These had to be subsequently adjusted and retrofitted with AI and machine learning technology as these became essential for more precise decisioning.

Implementing AI and machine learning systems onto rules-based frameworks can take time and effort. It requires significant re-engineering that inevitably contributes to inefficiency and complexity, preventing banks from achieving their optimal goals.

Feedzai, meanwhile, was built from the ground up using flexible, responsible, and well-governed AI models at its core. This targeted approach ensures that the AI system is focused on one purpose and doesn’t suffer from the compromises typical in platforms designed for broader use cases.

Feedzai’s system is powered by proprietary patented technologies, AutoML and FairGBM, to name but two. These advanced technologies allow for the rapid deployment of fairer models in days instead of weeks.

This is why Feedzai stands apart in the fraud and financial crime prevention space. We were built from day one with an AI-first mindset, positioning us among the top specialized AI solution providers.

 

Feedzai Adds to Its Accolades

Feedzai’s ranking on the Chartis RiskTech100 2025 ranking follows on the heels of two other incredible recognitions.

Earlier this year, Feedzai was recognized as the top AI-driven anti-fraud platform in the RiskTech AI 50 2024 report. This accolade further demonstrates our lifelong commitment to protecting the financial services sector using real-time fraud detection and prevention.

In addition to ranking on the RiskTech AI 50 2024 report, we also ranked #4 overall in artificial intelligence. This honor is incredibly prestigious, given the highly competitive marketplace for AI. What’s more, it further confirms our contribution to fighting fraud and financial crime.

This is not our only industry recognition this year. Feedzai was also recognized as a Leader in the IDC MarketScape: Worldwide Enterprise Fraud Solutions 2024 Vendor Assessment (March 2024, IDC #US51939124). IDC noted our solution was “designed to be omnichannel, enabling its fraud solution to monitor different customer interaction methods. Feedzai utilizes real-time customer interaction and transaction data to increase accuracy and improve the customer experience.”

We’ve always been laser-focused on helping protect banks, customers, and commerce from fraud threats. This latest recognition from Chartis strengthens our resolve to make finance safe and help customers and banks engage with confidence and trust at the core of each interaction.

All expertise and insights are from human Feedzians, but we may leverage AI to enhance phrasing or efficiency. Welcome to the future.

Page printed in December 12, 2024. Plase see https://www.feedzai.com/blog/feedzai-named-best-enterprise-fraud-solution-for-second-consecutive-year-by-chartis for the latest version.