Articles from DataVisor

Yinglian Xie, CEO and Co-Founder of DataVisor–the world’s leading AI-powered fraud and risk platform–has been recognized by American Banker as one of 2025’s Most Influential Women in Payments. Xie is a recognized expert in AI, machine learning and financial crime, and is being honored for her outstanding leadership and innovative contributions in using transformative new technology to make the payments industry more secure.

Today, DataVisor, the world’s leading AI-powered fraud and risk platform, launched a groundbreaking solution that computes hotspot, distinct count, and high-frequency features in real-time with 100% accuracy for high-dimensional data at an unprecedented scale. Identifying hotspots and computing distinct counts in real time has long been a significant challenge due to the complexity and volume of streaming data, but this solution sets a new standard for scalability and precision. Traditional systems often rely on estimates or delayed batch processing, sacrificing accuracy for speed. In contrast, DataVisor’s solution delivers 100% accurate results within milliseconds, enabling organizations to stay ahead of modern fraud threats with unmatched efficiency and total transparency.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced today that EQ Bank selected the company’s next generation fraud detection suite to enhance its fraud-fighting capabilities. EQ Bank, the digital arm of Canada's Challenger Bank™ with a mission to drive change in banking and enrich people's lives, will now augment its advanced fraud protection across its diverse array of competitive banking offerings. This encompasses a wide range of products ranging from everyday banking accounts to guaranteed investment certificates (GICs), tax-free saving accounts (TFSAs) and other registered products, all seamlessly overseen within DataVisor's comprehensive end-to-end fraud platform.

DataVisor is redefining the future of fraud and risk management, marked by impressive year-over-year growth. By continuously enhancing its product offerings and strategically expanding its leadership team, the company has earned broader industry recognition, reinforcing its commitment to innovation and leadership, and staying ahead of emerging threats with next-generation solutions.

DataVisor, the world's leading AI-powered fraud and risk platform, proudly announced today that it has received two prestigious honors in the 2024 Fraud & AML Impact Awards by Datos Insights. DataVisor was recognized as the winner in the Best Joint AML and Fraud Transaction Monitoring Innovation category and the silver medalist in the Best Transaction Fraud Monitoring and Decisioning category for its next-gen platform powered by advanced artificial intelligence and machine learning. This is the second consecutive year DataVisor was recognized by Datos Insights and its panel of industry subject matter experts for its fraud monitoring and decisioning innovations in the Fraud & AML Impact Awards. Datos Insights’ annual awards recognize and honor the industry’s most impactful fraud and AML innovations. The Fraud & AML Impact Awards program identifies winners from a highly competitive field, with rigorous evaluation criteria including innovation, competitive advantage, market need, risk mitigation, customer experience, operational efficiency, and scalability.

DataVisor, the world's leading AI-powered fraud and financial crime prevention platform, is excited to announce significant enhancements to its advanced multi-tenancy solutions. These enhancements allow organizations to configure and customize fraud prevention and anti-money laundering (AML) strategies and seamlessly deploy them across multiple sub-tenants. This includes the deployment of features, business rules, and machine learning models, ensuring comprehensive and consistent protection, with flexible data segregation, orchestration, and reportings.

DataVisor, the world’s leading AI-powered fraud and financial crime prevention platform, announced today that it partnered with Davies, a consultancy focusing on the technologies supporting compliance in financial services, for an independent evaluation of its modern Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) solutions. Davies validated and endorsed DataVisor’s solutions, confirming reliable operational integrity and streamlined investigation processes.

DataVisor, the world’s leading AI-powered fraud and risk platform, is thrilled to announce the expansion of its partnership with DCI, a leading provider of award-winning core processing, digital banking, and fintech solutions. Following a highly successful initial phase of deployment, DCI will now broaden the use of DataVisor's next-generation fraud solutions to support more community banks across a variety of use cases. This expansion highlights DCI's commitment to security by delivering comprehensive fraud protection across DCI's suite of digital banking and core processing solutions.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced today that it has partnered with Mitek (NASDAQMITK) to enhance the platform’s comprehensive check fraud protection offerings. By integrating Mitek’s Check Fraud Defender, a consortium based check fraud detection solution with DataVisor’s advanced machine learning and real-time data analysis, financial institutions (FIs) can now benefit from industry-leading check fraud protection within a single platform. This powerful pairing provides a comprehensive perspective for FIs to execute real-time orchestration of check fraud decisions, minimizing fraud losses and increasing operational efficiencies. It is a significant step for FIs to eliminate silos and to bring a unified experience to customers, at the same time saving resources that would otherwise be spent on integrating separate check fraud solutions into their systems.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced today the launch of its latest offering: a modern end-to-end anti-money laundering (AML) solution boasting cutting-edge technology and comprehensive functionalities powered by sophisticated machine learning and AI. Amidst increasing regulatory compliance requirements and the growing complexity of financial crime tactics, this essential solution stands out for its ability to cover the entire AML workflow, while fitting seamlessly into customers' current workflows.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced today the launch of a comprehensive solution designed to both detect fraud and financial crimes more effectively and to uphold sponsor bank compliance in the face of evolving regulations for Banking-as-a-Service (BaaS) offerings. As the fintech industry continues to rapidly evolve amidst a rising tide of fraud, sponsor banks not only grapple with the growing issues of increased fraud losses, but also face enormous challenges in maintaining and demonstrating compliance. DataVisor’s solution for sponsor banks replaces ad-hoc detection and compliance methods with comprehensive future-proof technology, including real-time data orchestration, secure multi-tenant infrastructure, and AI-driven analytics.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced today its PCI certification in accordance with the Payment Card Industry Data Security Standard (PCI DSS) to deliver a secure environment for processing, storing, and transmitting card information. Both existing and new DataVisor customers now have the option to host their data in a PCI-compliant environment.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced the expansion of its end-to-end platform capabilities with the integration of SMS customer verification for fraudulent transactions. This new offering, powered by Twilio technology, provides customers with enhanced fraud protection via additional end-user authentication and verification capabilities. Additionally, it introduces a more cohesive and fully end-to-end fraud operation experience, significantly enhancing flexibility and efficiency within the DataVisor platform. This integration underscores DataVisor’s dedication to establishing a robust fraud ecosystem by simplifying the fraud prevention process with a comprehensive and holistic approach.

DataVisor, the world’s leading AI-powered fraud and risk platform, is pleased to announce that it has been selected by NYMBUS®, a leading provider of cloud-based financial technology solutions, to provide comprehensive fraud management across their suite of digital banking offerings. Through this strategic partnership, Nymbus will harness the unique power of DataVisor’s next generation fraud and risk platform to provide their customers with the most comprehensive fraud protection powered by AI and advanced machine learning.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced the launch of AI Co-Pilot, a first-of-its-kind generative-AI facilitated fraud solution. This transformative technology is 20 times faster and more accurate in catching fraud than traditional solutions.

DataVisor, the world’s leading AI-powered fraud and risk platform, proudly announced today that the company was recognized as the "Best Transaction Fraud Monitoring and Decisioning" solution in the 2023 Fraud & AML Impact Awards presented by Datos Insights. The Fraud & AML Impact Awards recognize organizations and vendors that have developed innovative and groundbreaking solutions to combat the rising threats of financial crime with greater effectiveness and efficiency.

DataVisor, the world’s leading AI-powered fraud and risk platform, today announced the appointment of Kevin McWey as the new Chief Revenue Officer (CRO). As CRO, McWey will steer DataVisor’s growth within the expanding financial sector and Fortune 500, leveraging the company's recent advancements to serve today’s digital economy and further propel its trajectory.

DataVisor, the world’s leading AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud as the FedNow Service expands instant payments options. DataVisor’s Real-Time Payments Fraud Solution leverages rich account life-cycle signals, advanced machine learning techniques and prebuilt rules that have been tested and proven effective for real-time payments fraud scenarios. By incorporating this solution, financial institutions (FIs) can confidently embrace instant payment technologies facilitated by entities such as The Clearing House and Zelle.

DataVisor, the most comprehensive, real-time fraud and risk management platform that harnesses sophisticated AI and modern machine learning, today announced a partnership with Q6 Cyber, a leading cyber and fraud threat intelligence firm, to centralize relevant threat intelligence data in a single platform to increase fraud detection accuracy. Q6 Cyber’s proprietary threat intelligence enriches DataVisor’s existing fraud signals, providing financial institutions with a holistic analysis of all relevant transaction data and fraud signals in one centralized platform, immensely simplifying fraud and risk decisioning.

Due in part to the long-awaited release of the Federal Reserve’s FedNow network, 2023 will be a big year for the adoption of real-time payments and products among financial institutions. Reiterating its commitment to developing the most advanced fraud and risk management solutions, DataVisor made significant enhancements to its already industry-leading real-time fraud prevention capabilities.

DataVisor, the market leader in fraud and risk management, announced today that it has strengthened its relationship with AirAsia, the multinational Asean airline group headquartered in Malaysia. AirAsia will expand the use of DataVisor’s market-leading fraud and risk management platform to protect against a broader set of fraud attacks along with strengthening its mobile channel using DataVisor’s dEdge - a mobile-first device fingerprinting and behavior solution. By leveraging these additional capabilities and protecting against additional fraud use cases, AirAsia can protect customers from fraud across its entire product portfolio.

DataVisor, a global leader in fraud and risk management solutions, today announced new product enhancements in 2022 that further strengthens its comprehensive fraud and risk platform with new capabilities for more seamless data integration, superior detection, automated decisioning, and rapid, scalable analysis and investigation. DataVisor Fraud Platform, together with these enhanced capabilities and its innovative approach using Unsupervised Learning, delivers complete protection in a single, powerful cloud-based SaaS solution. Fraud leaders, business users and data analysts across the organization can now leverage the power of machine learning, advanced decisioning tools and third-party data integrations, in a one-stop platform, without the need to manage multiple vendors and point solution integrations.

DataVisor, the market leader in fraud and risk management, announced today that it has partnered with Neo Financial, a next-generation financial technology company, to provide comprehensive fraud and risk protection for customers across the account lifecycle. Neo Financial will leverage DataVisor’s full platform to detect and prevent various types of fraud, including credit card and application fraud, transaction fraud, account takeovers (ATO) and more, to further strengthen security while improving the customer experience.

DataVisor, the market leader in fraud and risk management, announced today that it has been included on FinTech Global’s second annual AIFinTech100, a prestigious ranking that recognizes and highlights the world’s most innovative FinTech solution providers. Organizations selected for the list are developing artificial intelligence (AI) and machine learning technologies to solve complex challenges and improve operational efficiencies in the areas of banking, insurance, investment and trading. Companies were selected by a panel of industry experts and analysts based on FinTech Global’s research of more than 2,000 FinTech organizations.

DataVisor, the market leader in fraud and risk management, announced that it ended its fiscal year in March 2022 with strong growth, closing the year with nearly 3X Annual Recurring Revenue (ARR) growth and double-digit customer acquisition. Expansion of existing customers with new capabilities was strong, with 170%+ Net Dollar Retention Rate (NDRR), as existing customers expanded both new capabilities and new use cases to their existing DataVisor platform.

DataVisor, a company that delivers the most sophisticated Artificial Intelligence (AI) powered fraud management solutions, today announced a partnership with Equifax, making the global data, analytics and technology company its primary consumer identity data partner. DataVisor will enhance and extend its market-leading behavior analytics and fraud detection solution by combining rich consumer identity data from Equifax with powerful AI signals, for zero-lag detection and a frictionless customer experience.

DataVisor, a company that delivers the most sophisticated AI-powered fraud management solutions, today announced that its enterprise solution is available for purchase through Finastra’s FusionStore. The AI-based modeling application will enable financial institutions to benefit from integrated signals, third-party data and heterogeneous data sources, to minimize financial loss and deliver the most superior fraud detection.

DataVisor, the leading fraud detection company with solutions powered by transformational AI technology, was named a Representative Vendor in Gartner® Market Guide™ for Online Fraud Detection, published July 12, 2021.1 According to the report, Representative Vendors represent “what is core in the market, what extends it and what will transform it.” Gartner also recognized DataVisor’s investment in device ID capabilities.

DataVisor, the leading fraud detection company with solutions powered by transformational AI technology, today announced that it has closed its current fiscal year in the midst of accelerated growth and momentum. Ramping up to meet the rising demand for AI-powered fraud and risk solutions, the company has added seasoned leaders to the C-suite and new hires across Engineering and Product Development. With a strong leadership team in place and added expertise to support product innovation, DataVisor is poised to capitalize on its continued growth in the banking, financial and traditional sectors, which is doubling YoY.