Smarter Fraud Detection with Feedzai IQ
Data sharing for fraud detection is important. But it faces a few hurdles: privacy concerns, security risks, liability issues, and the challenge of equitable value exchange. Financial institutions need intelligent, actionable insights without compromising security.
The Solution:
Feedzai IQ delivers collective fraud intelligence with immediate value. By leveraging insights from a vast network of 100+ clients and trillions in payments annually, Feedzai IQ offers real-time, actionable intelligence through TrustScore and TrustSignals. This intelligence-sharing approach is a privacy-friendly approach – ensuring data segregation while analyzing metadata and fraud patterns. Federated network intelligence provides immediate results and integrates seamlessly into existing workflows.
Features You’ll Love:
- Network Intelligence: Gain actionable insights from cross-network fraud detection models and signals without sharing raw data with other financial institutions.
- Federated Learning: Benefit from a privacy-friendly approach where metadata is analyzed and aggregated across the Feedzai community while keeping individual customer data segregated.
- TrustScore: Use a federated learning risk score informed by the Feedzai community, available out-of-the-box, leading to 4x more detection and 50% fewer alerts than rules-based systems.
- TrustSignals: Leverage pre-calculated risk attributes, like card BIN, email domain, zip, country, and more) that enhance payment acceptance rates by 27% and fraud detection by 5%.
Curious about the power of network intelligence?
Download the Feedzai IQ solution sheet