{"id":71084,"date":"2022-07-06T14:20:41","date_gmt":"2022-07-06T14:20:41","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=94486"},"modified":"2022-07-06T14:20:41","modified_gmt":"2022-07-06T14:20:41","slug":"feedzai-recognized-as-a-top-anti-money-laundering-solution-by-leading-analyst-firm","status":"publish","type":"post","link":"https:\/\/indonesiatribune.com\/feedzai-recognized-as-a-top-anti-money-laundering-solution-by-leading-analyst-firm\/","title":{"rendered":"Feedzai Recognized as a Top Anti-Money Laundering Solution by Leading Analyst Firm"},"content":{"rendered":"
SAN MATEO, Calif., July 06, 2022 (GLOBE NEWSWIRE) — Feedzai<\/u><\/a>, the world\u2019s first RiskOps platform for financial risk management, has been ranked among the top vendors in anti-money laundering (AML) in a Forrester report released today, \u201cThe Forrester Wave<\/u><\/a>TM<\/u><\/sup><\/a>: Anti-Money-Laundering Solutions, Q3 2022<\/u><\/a>\u201d.<\/p>\n \u201cFeedzai leverages machine learning and automation to overcome the difficulty many institutions have with legacy AML programs which operate with siloed, disparate systems creating a pixelated view of risk,\u201d said Pedro Barata, CPO at Feedzai<\/strong>. \u201cWe believe our continued investment in R&D alongside our unified RiskOps-based approach across AML is why we are consistently endorsed by customers and are a strong performer in the Forrester Wave report.\u201d<\/p>\n In the last year, Feedzai\u2019s AML suite has helped customers monitor over 200 territories with over 90% precision for high-priority alerts.<\/p>\n Findings in The Forrester Wave<\/u><\/strong>TM<\/u><\/strong><\/sup> Anti-Money-Laundering Solutions report<\/u><\/strong> The Wave report cited \u201cdisproportionately strong development and support staffing<\/strong>\u201d and also notes, \u201cIn its current AML offering, the vendor\u2019s rule threshold, processing, and recommendation capabilities are strong.\u201d <\/strong><\/p>\n The analysis goes on to state, \u201cFeedzai is a good fit for organizations looking to automate and streamline the AML model development using workflow templates and third-party risk scoring models.\u201d<\/strong><\/p>\n The Forrester Wave Anti-Money-Laundering Solutions, Q3 2022, reviewed 15 vendors in its assessment in a rigorous evaluation process that includes a detailed questionnaire, demos\/briefings, and customer reference surveys\/interviews. The resulting report is a trusted, unbiased analyst resource for organizations looking to invest in an AML solution.<\/p>\n Feedzai AML Suite manages AML risk across all stages of the customer lifecycle, creating a cohesive picture of risk across siloed internal and external systems. The suite includes four AML solutions in a single, unified AML compliance system:<\/p>\n About Feedzai:<\/strong>
\nFeedzai received the highest possible scores in the following criteria:<\/p>\n\n
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\nFeedzai<\/u><\/a> is the world\u2019s first RiskOps platform for financial risk management, and the market leader in safeguarding global commerce with today\u2019s most advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Feedzai is securing the transition to a cashless world while enabling digital trust in every transaction and payment type. The world\u2019s largest banks, processors, and retailers trust Feedzai to protect trillions of dollars and manage risk while improving the customer experience for everyday users, without compromising privacy. Feedzai is a Series D company and has raised $282M to date with a current valuation of $1.5B. Its technology protects 900 million people in 190 countries. For more information, visit feedzai.com<\/u><\/a><\/p>\n