Feedzai has unveiled Feedzai IQ Score, a new AI‑native fraud risk scoring solution that gives banks real‑time access to anonymized, aggregated intelligence from its $9 trillion global transaction network.
The company says the product represents a major shift in fraud detection, addressing what it calls the “Silo and Legacy Paradox,” where institutions rely only on internal data and struggle to modernize aging risk systems. Delivered through a lightweight API, IQ Score requires no historical data, no model‑training period, and minimal operational lift.
Banks can begin benefiting within days by tapping into expert AI models already trained across Feedzai’s network. The approach is especially valuable for regional and mid‑sized institutions that lack the data volume or AI resources to build advanced fraud models on their own. Feedzai’s federated intelligence architecture ensures that only aggregated risk signals move across the network, keeping customer data private.
Chief Product Officer Pedro Barata said the solution ends “isolated defense” by giving institutions access to collective fraud insights that no single bank could generate alone. Early results show significant performance gains, including four times more fraud detected and 50% fewer alerts compared to traditional rules‑based systems. Industry analysts say network‑level intelligence is becoming essential as fraud grows more fragmented and sophisticated across the financial ecosystem.
