SAN MATEO, Calif., Oct. 22, 2015 /PRNewswire/ -- Today Feedzai, a big data company that uses artificially intelligent, machine-based learning to prevent fraud, launched its Data Science Studio™ software. The new features will help organizations of any size to deploy advanced machine learning techniques to fight financial and payment fraud.
The historical roadblock to leveraging big data is the shortage of data science and engineering teams that are required to develop data behavioral models in a real-time environment. Now, non-technical and business teams within organizations using Feedzai's Data Science Studio can easily build, deploy and manage predictive analytics models to unlock the power of big data.
Click here to share this news on Twitter: http://ctt.ec/L7fnp
"Data continues to provide both opportunities and hurdles for businesses of all sizes and across all industries because analyzing complex data requires a deep understanding of data science, software engineering and big data principles," said Nuno Sebastiao, CEO of Feedzai. "By putting a sophisticated, yet easy-to-use environment for data science modeling in the hands of all the teams and people who need it, we're democratizing big data for our customers."
"We're unlocking the power of big data analytics that shape the future of global commerce," said Todd Clark, General Manager STAR Network at First Data Corporation. "Increasingly, software like Feedzai's is doing natively more and more of what data scientists do. Now, we have the capabilities to get our data modeling done within days and weeks, not months – with data science already built in."
The Feedzai platform includes all the essential tools to manage fraud and risk. Accessible via the cloud or on-premise, it includes all the essential components to develop and manage predictive analytics to make commerce safe.
Feedzai was also recently named FinTech Forward Company to Watch. Determined by American Banker and BAI, the category is dedicated to ten up-and-coming financial technology solutions providers. A central objective of the FinTech Forward program is to identify the forces and trends that are motivating banks' technology investment, as well as spotlighting new players that are shaking up the establishment. Feedzai was selected by BAI and the editorial team of SourceMedia for its compelling new offerings and solid business models.
To learn more about Feedzai, visit www.feedzai.com.
Every day, the modern world produces petabytes of data, and Feedzai enables businesses to accurately analyze this information to keep their customers' data and transactions safe at any place or moment in time. Feedzai's machine learning platform transforms the management of risk and fraud into a real-time decision science to help payment providers, banks and retailers prevent fraud in omnichannel commerce. Customers use Feedzai's Fraud Prevention That Learns™ software to predict and prevent payment loss when shopping in store, online or via mobile devices. Feedzai is a global company with US headquarters in San Mateo, and is backed by OAK HC/FT, Sapphire Ventures, Data Collective and other international investors. For additional information, visit http://www.feedzai.com.