Feedzai is a data science company that detects fraud in omnichannel commerce. The company uses real-time, machine-based learning to analyze big data to identify fraudulent payment transactions and minimize risk in the financial industry. Feedzai enables businesses to accurately analyze information to keep their customers’ data and transactions safe at any place in real-time. Customers use Feedzai’s software to reduce risks associated with banking and shopping, whether it’s in person, online or via mobile devices, by detecting fraud through deep historical and behavioral analysis of the organization’s data. According to Forbes, in Feb. 2016, Feedzai handles $1B per day in total payments volume. Feedzai is founded by a team of aerospace engineers and data scientists including Nuno Sebastiao, Pedro Bizarro and Paulo Marques. Feedzai is the first start-up to be created as a result of a program from Carnegie Mellon University to create new knowledge in the areas of ICT from Portugal through research and education.