Feedzai Partners with Socure, Offering Joint Fraud Prevention Solution for Financial Institutions

SAN MATEO, Calif., and NEW YORK, Sept. 10, 2015 /PRNewswire/ — Feedzai, a data science company that uses real-time, machine-based learning to analyze big data and minimize risk in the financial services industry, today announced a partnership with Socure, the industry leader in real-time online identity verification solutions. Working together, the two companies will provide their mutual clients with a “plug-and-play” solution that combines online and social data-based authentication with fraud risk scoring.Feedzai will incorporate the Socure Social Biometrics™ Platform as part of its Fraud Prevention That Learns™ software to provide ultra-fast processing of Big Data to minimize fraudulent transactions, chargebacks and reduce manual reviews costs for financial institutions.Feedzai also announced updates to its software platform that provide improved risk management and fraud prevention solutions. Its powerful machine learning software…


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