“Quadrant Knowledge Solutions announced that it has named Feedzai , the world’s first RiskOps platform for financial risk management, as a 2022 technology leader in the SPARK Matrix: Behavioral Biometrics, 2022 . Quadrant Knowledge Solutions defines Behavioral Biometrics as “technology that passively and continuously monitors, analyzes, and authenticates users based on their digital and cognitive behavior, such as typing cadence, keystroke pressure, mouse activity, tremors, and touchscreen interactions.” Behavioral Biometrics leverages advanced analytics and machine learning to access a user’s behavioral data from multiple channels to build a risk profile which enables security and risk professionals to identify and intercept anomalous behavior in real-time.” Nehan Jain, Analyst at Quadrant Knowledge Solutions commented “Feedzai’s Digital Trust solution offers robust Behavioral Biometrics capabilities across the entire fraud risk lifecycle. The company stands out in the global Behavioral Biometrics market owing to its solution’s differentiated offerings, such as behavioral analytics based on AI/ML models, insights from real-time fraud signals enhancing fraud detection techniques, and active defense technique which helps with both detection and remediation of fraud attacks.”

“Money mule schemes, multi-customer cross-wallet activity and the use of crypto exchanges are the most common money laundering techniques, yet most firms are failing to make use of available technology to mitigate the threat, according to the latest research from Feedzai, the world’s first RiskOps platform for financial risk management. The State of Global Anti Money Laundering Compliance Report surveyed 636 Anti-Money Laundering (AML) compliance experts, representing 77 companies around the world, most of them from the financial services industry, and overall 74% of respondents cited money mule schemes – both unwitting (44%) and witting (30%) – as the most common money laundering threats.”