Feedzai's Acquisition of Demyst Is a Modern Response to Today’s Fraud
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Feedzai’s purchase of data management platform Demyst is a game-changer for fraud and financial crime prevention. As market intelligence firm IDC describes it, the merger reflects “a modern response to an ever-growing fraud landscape that demands both precision and agility.” The integration of the Demyst data orchestration platform allows financial institutions to more effectively access and use third-party data, converting raw information into actionable insights in real time.
Read IDC’s commentary to learn how Feedzai’s acquisition of Demyst is designed to deliver:
- A fortified RiskOps lifecycle with enhanced account opening capabilities that deliver a consistent, end-to-end customer view from onboarding to daily transactions.
- Contextual intelligence that merges identity, credit, network, financial history, behavioral insights, and more for precise fraud prediction and prevention.
- A more seamless customer experience that includes faster onboarding, reduced customer friction, and fewer false positives.
Read IDC’s real-time commentary!