Compare SEON vs Feedzai

Combining anti-fraud and compliance regulation is one of the most biggest challenges for financial institutions, fintechs and traditional banking. Let’s break down how SEON and Feedzai differ in their approach.

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 Q3 2022. Feel free to contact us to request an update/correction.

About Feedzai 

Feedzai is an AI-powered risk management platform that specializes in fraud prevention and protection from financial crime. It focuses largely on established banks and financia institutions.

Founded in 2011 by former aerospace engineer Nuno Sebastião, the firm surpassed the $1B+ valuation point after raising $200M in its Series D funding round (March 2021). It employs 600 people in 11 global offices around the world.

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 to help financial institutions, corporate banks, fintechs and retails banks reduce financial crime.
• The company’s RiskOps platform allows you to share a consistent view of data, profile and customer activity for compliance and fraud protection.
• 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 financial services.
• It’s an all-in-one platform that aims to unify fraud protection and compliance for financial institutions.

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, and customer support options are attuned to interacting with enterprise-level infrastructures.
• Data enrichment capabilities are limited and a business will have to look at other integrations.

SEON Vs Feedzai Features Comparison Table

Where SEON Wins Over Feedzai

• SEON offers similar fraud protection and compliance features, albeit in a more lightweight, affordable package.
• SEON is the fraud prevention system of choice for a number of fintechs but also works for many other industries.

Where Feedzai Wins Over SEON

• Feedzai is a leader within the banking industry across retail, issuing, and acquiring banks.
• Better visualization of large data sets through tools such as Genome, Feedzai’s AI-based link analysis tool.

SEON vs Feedzai Conclusion

Further Reading

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Browser Fingerprinting | Data Enrichment | Device Fingerprinting | Fraud Detection API | Fraud Detection with Machine Learning & AI | Fraud Detection & Prevention

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