Compare SEON vs Feedzai

Compare SEON vs Feedzai

November 4, 2021

Anti-fraud is one of the most competitive markets with world-class technology available for merchants and businesses to fortify their defenses. This article will break down SEON and Feedzai.

Disclaimer: Everything written about the companies mentioned in this article was gleaned from online research including user reviews. We did not have time to manually test all the tools. However, we ensured the information was correct as of Fall 2021. Feel free to contact us to request an update/correction.

About Feedzai 

Feedzai is an AI-powered risk management platform that works across a range of industries to help stop account takeovers (ATO), curb money laundering, and spot transaction fraud. 

Founded in 2010 by former aerospace engineer Nuno Sebastião, the firm surpassed the $1B+ valuation point after raising $200M in their Series D funding round (March 2021.)

Feedzai monitors companies with more than 800 million customers across 190 countries, including 80% of the world’s Fortune 500 Companies and four of the five largest banks in North America.

Key Products

  • Feedzai brings together artificial intelligence and machine learning-based to help merchants, acquirers, and issuers detect fraud before any transaction takes place. 
  • Their machine learning algorithm can be trained to match any business requirements, automating time-consuming tasks and offering human-readable whitebox feedback on any decision made.
  • Its Case Manager product offers a visual link analysis tool, reporting dashboard, and human-readable explanations.

Pros of Feedzai
  • Feedzai covers an immense amount of banks and leading services
  • They offer a comprehensive and flexible AML and fraud detection platform used by many leading companies, with the availability of third-party connections available to boost its capabilities.

Cons of Feedzai
  • Given the nature of the company, it’s likely that setup fees and other costs are to be out of reach for early-stage companies. 
  • Data enrichment capabilities are limited and a business will have to look at other integrations.

SEON Vs Feedzai Features Comparison Table

SEON

Feedzai

Data aggregation

IP Analysis Yes Yes
Email data enrichment  Yes Yes via 3rd party integration
Phone data enrichment Yes Yes via 3rd party integration
Find user social media Yes, checks 35+ platforms No
Device Fingerprinting Yes Yes
BIN for transaction Yes No
Behavior tracking Yes Yes
User authentication Yes Yes
Risk analysis
Custom rules Yes Yes
Machine learning suggestions Yes Yes
Industry preset rules Yes Yes
Risk score Yes Yes 

Integration / deployment

API calls Yes Yes
Modular APIs Yes Yes
Custom API fields Yes Yes
GUI Yes Yes
Chrome extension Yes  No
Manual query Yes Yes
Graph visualization No Yes
Reporting Yes Yes
Team management Yes Yes
Integration with other tools Yes Yes

Pricing

Chargeback guarantee No No
Free integration Yes No
Free support Yes Yes
Free trial Yes Yes
Cost per month Starting from €99. N/A

Where SEON Wins Over Feedzai

  • Our products have been developed entirely in mind for the analysts using, with a more user-friendly GUI.
  • SEON Sense platform is able to be your complete fraud defense at a more affordable price in comparison to Feedzai.

Where Feedzai Wins Over SEON

  • Their AML product suite enables the screening of PEP lists.
  • Feedzai is a leader within the banking industry across retail, issuing, and acquiring banks.
  • Ability to analyze data at a rapid pace (<10ms average latency.)
  • Better visualization of large data sets through tools such as Genome, Feedzai’s AI-based link analysis tool.

SEON vs Feedzai Conclusion

Choose SEON if
  • You’re a startup/medium-sized business either looking for a more reasonably priced product or need access to alternative data sources for more comprehensive customer profiling.

Choose Feedzai if
  • You’re an established enterprise business / financial institution looking for a complete end-to-end solution. 
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Author avatar
SEON Team


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