Tuesday, 02 January 2024 12:17 GMT

Global Financial Crime Prevention Leader Feedzai Acquires Demyst To Break Down Data Silos And Accelerate Risk Decisions


(MENAFN- FinanceWire) New York, New York, USA, April 23rd, 2025, FinanceWire

Sydney, Australia / Lisbon, Portugal / Feedzai , the global leader in fraud and financial crime prevention, today announced that it has acquired Demyst , including its Zonic data workflow orchestration platform, intellectual property, and sophisticated data-integration capabilities. This strategic move is part of Feedzai's vision to unify data orchestration and risk management into a single platform, providing financial institutions with the real-time data, analytics, and trusted artificial intelligence they need to make the best possible risk decisions

Together, Feedzai and Demyst deliver:

  • A unified AI platform that seamlessly integrates data at speed via orchestration with robust fraud and financial crime prevention measures.
  • Strengthened RiskOps lifecycle with enhanced account opening capabilities, ensuring a consistent end-to-end customer view from initial onboarding through ongoing transactions.
  • Contextual intelligence to combine identity, credit, network, financial history, behavioral insights, and others for precise fraud prediction and prevention.
  • Better customer experiences with faster onboarding, fewer friction points, and reduced false positives boost customer satisfaction and retention.
  • Improved risk insights by using the right data at the right time, including shared insights from a diverse global community of banks, payment providers, and networks on fraud and financial crime.
  • Operational efficiency for non-technical teams (product managers, business analysts) with automation to autonomously build and manage data workflows, significantly reducing IT dependency.

Feedzai was advised in this transaction by the law firms Cooley and Garrigues.

For more information on Feedzai and Demyst, users can visit: .

About Feedzai

is the world's first end-to-end financial crime prevention platform, protecting people and payments with AI-native solutions that stop fraud and financial crime. Leading financial institutions trust Feedzai to manage critical risk and compliance processes, safeguarding trillions of dollars of transactions while improving the customer experience and protecting the privacy of everyday users. For more information, users can visit

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