Tag: Feedzai

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Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally

Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will now be able to identify and prevent transactions involving fraudulent crypto exchanges before they occur,” Mastercard explained. Mastercard Expanding…
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What is Feedzai, and how is it used to detect financial fraud?

Feedzai is an advanced, AI-powered risk operations platform that helps detect fraud at an institutional level. Financial scams are rising, with losses amounting to $8.8 billion in 2022 alone. According to the United States Federal Trade Commission, losses from financial fraud have increased by 30% from 2021 to 2023. This paints a dire portrait of…
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