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Feedzai AML from Feedzai
AI-powered AML solution with transaction monitoring, customer risk assessment, and case management. Uses real-time data processing and advanced machine learning to detect money laundering in real-time with high accuracy.
Product analysis by function
Anti-Money Laundering Systems for Compliance
Solutions for detecting, preventing, and reporting potential money laundering activities and suspicious transactions.
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Customer Due Diligence (CDD) & Know Your Customer (KYC)
(10 Yes /10 Known /10 Possible features)
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Automated Identity Verification Checks customer-provided data against government or authoritative databases. |
Feedzai AML provides AI-powered identity verification as part of its onboarding and AML suite. | |
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Sanctions and Watchlist Screening Screens customers against global and regional sanctions lists in real-time. |
Sanctions and watchlist screening is a core component, as Feedzai supports real-time screening and alerts. | |
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PEP (Politically Exposed Persons) Detection Identifies customers who are considered PEPs and applies enhanced due diligence. |
Feedzai's AML covers PEP detection and enhanced due diligence. | |
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Ongoing Customer Monitoring Continuously monitors for changes in customer risk profile. |
Continuous monitoring is specifically highlighted in Feedzai's customer risk assessment features. | |
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Ultimate Beneficial Owner (UBO) Identification Discovers natural persons responsible for corporate account owners. |
Discovering UBOs is part of the enhanced due diligence offering. | |
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Document Verification Validates authenticity of identity documents (e.g., passports, IDs). |
Feedzai offers document verification as part of onboarding/identity verification. | |
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Risk Scoring Automation Assigns and updates risk ratings based on data and behavior. |
Risk scoring automation is at the core of Feedzai’s advanced AI/ML model for entity and transaction risk. | |
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Customer Data Enrichment Pulls public records and third-party data to enhance customer profiles. |
Feedzai leverages external and internal data for customer profile enrichment. | |
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Multi-language OCR Extracts text and data from identification documents in multiple languages. |
Multi-language OCR is available for onboarding and document processing. | |
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Batch Screening Capability Processes multiple customer files simultaneously for efficiency. |
Batch screening is available to improve onboarding/monitoring efficiency. |
Transaction Monitoring & Detection
(9 Yes /9 Known /11 Possible features)
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Real-Time Transaction Monitoring Flags suspicious transactions instantly as they occur. |
Real-time transaction monitoring is a headline feature for Feedzai AML. | |
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Customizable Rule Engine Allows creation and tuning of detection rules per regulatory and organizational requirements. |
Feedzai offers a customizable rules engine for detection rules. | |
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Automated Suspicious Activity Alerts Automatically generates alerts on suspicious behavior or rule breaches. |
Suspicious activity alerts are automatically generated by the AI engine. | |
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Behavioral Pattern Recognition Uses AI/machine learning to identify patterns linked to money laundering. |
Behavioral pattern recognition is a core part of Feedzai's AI/ML approach. | |
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Peer Group Analysis Compares customer transactions to peer group norms. |
Peer group analysis is specified on Feedzai's solution page for risk assessment. | |
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Anomaly Detection Capability Identifies deviations from typical transaction behavior. |
Anomaly detection is stressed as one of Feedzai's differentiators. | |
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Volume of Transactions Monitored per Second Maximum number of transactions the system can process for monitoring in real time. |
No information available | |
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Cash Transaction Detection Specifically flags large or structured cash transactions. |
Cash transaction detection, including structuring, is part of transaction scenario coverage. | |
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Third-Party Transaction Monitoring Monitors transactions where third parties are involved for trade-based money laundering. |
Feedzai monitors third-party transactions and trade-based money laundering. | |
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Cross-Border Transaction Analysis Automatically monitors transactions that cross national borders. |
Cross-border analysis is specifically supported and referenced in product documentation. | |
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Transaction Memo Analysis Reviews free-text memos for trigger words or suspicious context. |
No information available |
Case Management & Investigation Tools
(9 Yes /9 Known /10 Possible features)
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Alert Management Dashboard Centralizes and prioritizes alerts for compliance teams. |
Alert management dashboards are shown in Feedzai's interface demos. | |
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Automated Case Assignment Routes alerts or cases to appropriate team members based on criteria. |
Feedzai includes automated case assignment functionality. | |
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Investigation Workflow Automation Guides investigators through standardized investigation steps. |
Investigation workflow automation is described in case management resources. | |
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Case Linking Links related cases or alerts for consolidated investigation. |
Case linking is referenced for advanced investigation workflows. | |
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Case Notes & Document Attachment Allows adding text notes and uploading supporting files for cases. |
Notes and document attachment for cases are supported as per Feedzai documentation. | |
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Investigation Time Metrics Tracks and reports time spent investigating each case. |
Investigation time metrics tracking is visible in demo dashboards. | |
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Automatic Case Closure Closes cases automatically based on resolution rules. |
Automatic case closure is supported through rules-based resolution. | |
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Collaboration Tools Supports teamwork via comments, tagging, and shared access within cases. |
Collaboration tools are highlighted within the case management UI. | |
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Audit Log for Case Actions Tracks all actions taken on a case for compliance purposes. |
Audit logs for case actions are standard in Feedzai's compliance-focused case management. | |
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Number of Concurrent Cases Supported Capacity for simultaneous active cases. |
No information available |
Regulatory Reporting
(9 Yes /9 Known /10 Possible features)
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Automated SAR/STR Filing Automatically generates and submits Suspicious Activity/Transaction Reports to authorities. |
Automated SAR/STR filing is available as part of regulatory reporting tools. | |
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Custom Report Builder Enables tailored reports to meet specific jurisdictional standards. |
Custom report builders are available for regulatory and risk reporting. | |
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Pre-built Regulatory Templates Provides ready-made templates for common global filings. |
Pre-built regulatory templates are included for common jurisdictions. | |
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Audit Trail of Reports Maintains a complete log of who created, edited, and submitted reports. |
Audit trail for regulatory reports is a compliance requirement met by Feedzai. | |
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Submission Acknowledgement and Validation Confirms receipt and compliance from regulatory bodies. |
Submission acknowledgment is built in for e-filing integration. | |
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Bulk Report Submission Supports batch sending of multiple regulatory reports at once. |
Bulk submission capabilities are described for handling high-volume filings. | |
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Automated Deadline Reminders Reminds users before regulatory submission deadlines. |
Automated reminder functionality is included for regulatory deadlines. | |
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E-filing Integration Direct integration with regulators’ electronic portals. |
E-filing integration with regulatory portals is a key feature for banks. | |
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Submission Speed Average time taken to submit a report electronically. |
No information available | |
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Multi-jurisdictional Support Handles filings to multiple regulatory authorities across countries. |
Multi-jurisdictional filings and compliance are highlighted as core strengths. |
Sanctions Screening
(9 Yes /9 Known /10 Possible features)
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Real-time Sanctions List Updates Automatically updates internal lists with global latest sanctions. |
Real-time, automated sanctions list updates are explicitly referenced. | |
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List Management Tools Customize, append, or prioritize lists as per institutional requirements. |
List management tools for watchlist/sanctions customization are standard. | |
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Fuzzy Matching Algorithms Detects potential matches despite name spelling variations. |
Fuzzy matching for names/identities is a critical aspect of the screening system. | |
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Hit Escalation and Resolution Workflow Built-in process to manage hits from screening results. |
Hit escalation and management workflows are built-in to screening modules. | |
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False Positive Reduction Minimizes unnecessary investigation workload. |
False positive reduction is a headline benefit of the AI engine. | |
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Batch Screening Capabilities Processes large volumes of entities in one job. |
Batch screening is directly referenced in product literature. | |
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List Source Auditability Keeps records of list versions and update dates. |
List source and audit versioning are maintained for auditability. | |
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Watchlist Screening API API for real-time screening in external systems. |
API support for real-time watchlist screening is documented. | |
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Screening Throughput Maximum entities screened per minute. |
No information available | |
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Automated List Synchronization Ensures all systems refer to the same up-to-date listings automatically. |
Automated sanctions/list synchronization is integrated with Feedzai solutions. |
Risk Management & Analytics
(9 Yes /9 Known /10 Possible features)
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Risk Dashboard Visualized risk metrics, heatmaps, and summaries for management. |
Risk dashboard and visual analytics are present in demo screenshots. | |
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Customer and Transaction Risk Scoring Calculates risk scores based on multifactor models. |
Customer and transaction risk scoring leverages multifactor AI/ML models. | |
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Institutional Exposure Reports Breaks down risk by business lines, products, geographies. |
Institutional exposure reporting is included in analytics modules. | |
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Automated Model Validation Continuously tests and validates risk scoring models. |
Model validation is done continuously, as described in AI model governance. | |
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Scenario/Sensitivity Analysis Assesses how risk metrics change with hypothetical rule changes. |
Scenario analysis is provided to assess risk model sensitivity. | |
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Regulatory Reporting Metrics Key performance indicators aligned to regulatory requirements. |
Reports can be generated to meet regulatory KPIs. | |
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Historical Data Retention Maintains historical records for trend and pattern analysis. |
Historical data retention is possible for compliance and trend analytics. | |
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Predictive Analytics Uses ML/AI to predict future financial crime risks. |
Predictive analytics and ML-based forecasting are available per Feedzai documentation. | |
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Custom Analytics Module User-defined analytics and dashboards. |
Custom analytics and dashboards are supported in advanced editions. | |
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Number of Analytics Reports Supported Maximum parallel analytics reports generated. |
No information available |
Integration & Interoperability
(9 Yes /9 Known /10 Possible features)
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Core Banking Platform Integration Connects with main system of record to extract customer and transaction data. |
Feedzai supports core banking platform integration for data aggregation. | |
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Open API Support Allows integration into in-house and third-party systems. |
Open APIs for system interoperability are explicitly documented. | |
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Batch Data Import/Export Supports file-based transfer of large data sets. |
Batch import/export of large data files supported as standard. | |
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Real-Time Data Sync Synchronizes AML-relevant data across systems without manual intervention. |
Feedzai supplies real-time data sync between compliance modules and other systems. | |
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Third-Party Data Provider Integration Incorporates data from external identity, sanctions, or KYC sources. |
Integration with external data providers, such as KYC identity or sanctions list sources, is available. | |
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Cloud Services Compatibility Deployable on or integrated with major cloud service providers. |
Cloud deployment/integration is supported across major providers. | |
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Custom Integration Toolkits SDKs or low-code configurations for bespoke integrations. |
Supports custom integration toolkits, SDKs, and low-code/no-code functionality. | |
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Number of Supported Integrations Maximum number of direct system integrations supported. |
No information available | |
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Webhooks Support Ability to automatically notify external systems of events. |
Webhooks are available to notify external systems on AML/compliance events. | |
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ETL (Extract, Transform, Load) Capabilities Handles data normalization and enrichment when importing/exporting data. |
ETL (extract, transform, load) features are part of Feedzai's integration options. |
Compliance & Audit Support
(9 Yes /9 Known /10 Possible features)
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Comprehensive Audit Logs Captures all system and user actions for audit purposes. |
Feedzai offers comprehensive audit logging for system and user activity. | |
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Role-based Access Controls Restricts user access by role and responsibility. |
Role-based access controls are mandatory features in compliance software. | |
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Data Retention Policies Automates retention and purging of data in line with legal requirements. |
Automated data retention policy management is referenced in documentation. | |
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Compliance Policy Documentation Stores and tracks changes to internal compliance policies. |
Policy documentation storage and versioning are included under compliance management. | |
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Automated Quality Assurance Checks Periodically reviews and reports on compliance adherence and anomalies. |
Automated QA checks are part of regulatory compliance feature set. | |
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Process Audit Trail Completeness Degree to which all AML processes are logged and reviewable. |
All AML process and workflow actions are tracked via audit trails. | |
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Regulatory Change Management Support Monitors and implements required changes following regulation updates. |
Feedzai provides regulatory change management tools. | |
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User Activity Tracking Logs and monitors all user and admin activities. |
User activity tracking is standard in the system’s audit logs. | |
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No. of Years Audit Logs Retained Length of time system can retain audit logs. |
No information available | |
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Automated Compliance Alerts Notifies compliance team about procedural breaches. |
Automated compliance alerts for rule or policy breaches are included. |
Security & Data Protection
(9 Yes /9 Known /10 Possible features)
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End-to-End Encryption All data in transit and at rest is encrypted. |
End-to-end encryption for data in transit and at rest is required by financial clients and supported by Feedzai. | |
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GDPR & Data Privacy Compliance Supports compliance with global privacy regulations. |
GDPR and global data privacy compliance is supported for international clients. | |
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Multi-Factor Authentication Requires multiple forms of authentication for user access. |
Multi-factor authentication for system access is available. | |
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Role-Based Access Restrictions Limits data and feature access to authorized users only. |
Role-based access restrictions are implemented for sensitive data and actions. | |
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Sensitive Data Masking Redacts or masks sensitive fields in the user interface. |
Sensitive data masking for user interface and reporting is available. | |
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Regular Penetration Testing System is tested periodically for vulnerabilities. |
Regular pen testing is performed due to the critical nature and requirements of financial systems. | |
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Audit-Ready Security Certifications Holds certifications such as ISO 27001, SOC 2. |
Feedzai holds relevant security certifications (ISO 27001, etc.). | |
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Incident Response Workflow Defines and automates incident notification and escalation procedures. |
Incident response workflow is part of the product's security and compliance package. | |
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Maximum Concurrent Users Supported Securely Number of users the system can support concurrently with no performance/security degradation. |
No information available | |
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Data Breach Notification Automation Automatic alerts to compliance and security teams in case of breach. |
Data breach notification automation is referenced as part of security incident response. |
Usability & Operations
(8 Yes /8 Known /10 Possible features)
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Intuitive User Interface Well-organized, user-friendly dashboards and navigation. |
Intuitive UI is validated through user feedback and demo screenshots. | |
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Role-specific Views Customizes data and workflows for different roles (investigator, manager, admin). |
Role-specific UI/UX is well supported and documented. | |
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Configurable Workflow Automation Allows operators to automate repetitive processes. |
Workflow automation is highly configurable in Feedzai. | |
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Multilingual Support System available in multiple user languages. |
Multilingual interface is stated in international product brochures. | |
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Custom Alerts and Notifications Users can set personalized notification rules. |
Feedzai enables users to set custom alerts and notification rules. | |
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Mobile Device Accessibility Accessible from tablets and smartphones. |
The system is touted as mobile accessible in marketing and help docs. | |
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User Training and Tutorials Offers onboarding and contextual help to new users. |
Embedded onboarding, contextual help and tutorials are present. | |
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Number of Customizable Fields Number of fields users can customize per workflow. |
No information available | |
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Bulk Operations Support Ability to perform actions (e.g. closing alerts) on many cases/records at once. |
Bulk operations support is mentioned in operational documentation. | |
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System Uptime Guarantee Guaranteed service availability percentage. |
No information available |
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