Sells banks, credit unions, card issuers and payment companies a cloud fraud and AML platform that combines unsupervised machine learning, a rules engine, device intelligence and case management, sold directly and pre-integrated through core and digital-banking providers, and since 2026 driven by conversational AI agents (Vera).
What is DataVisor, and which banks use it?
DataVisor, founded in 2013 in Mountain View, California, is a private AI fraud and AML platform for banks, credit unions and payment companies, backed by Brighton Park Capital, Sequoia China, NEA and GSR Ventures; no valuation has been disclosed. Patrick Harr replaced co-founder Yinglian Xie as CEO in May 2026. Among our 100 banks, SoFi's Galileo payments unit uses it. Its named clients are mostly credit unions and Canadian banks. Pricing is not published; contracts are sales-led.
Category
Founded
2013
Headquarters
Mountain View, California, US
Ownership
Private; backed by Brighton Park Capital (led a $40 million strategic growth investment in December 2022, with NewView Capital and GSR Ventures), Sequoia China (led the $40 million Series C in 2018), New Enterprise Associates and GSR Ventures. No valuation has been disclosed in DataVisor's releases.[8][3]
Deployment
SaaS (cloud-based, multi-tenant); also pre-integrated into partner core and digital-banking platforms (DCI, Nymbus, VeriPark)
Pricing
Sales-led enterprise SaaS contracts, sold directly or bundled through core and digital-banking partners; bought through a demo and proof of concept · not published
Banks among the 120
1
- Founded in 2013 by Yinglian Xie and Fang Yu, who met working on large-scale distributed systems at Microsoft; Xie was CEO until May 27, 2026, when Patrick Harr, former CEO of SlashNext, took over and Xie became President of Technology and AI.
- Raised a $40 million Series C led by Sequoia China in February 2018 and a $40 million strategic growth investment led by Brighton Park Capital in December 2022; neither release gives a valuation, and no round has been announced since.
- DataVisor began in internet trust and safety (Yelp, Pinterest, Alibaba Group in its 2018 release) and has moved into banking: in May 2021 it said revenue from financial services customers had doubled over the prior year.
- Among our 100 banks, SoFi is the one sourced customer: Galileo, SoFi's payments-platform subsidiary, built its Payment Risk Platform jointly with DataVisor in 2022, and a SoFi Tech Solutions payments-risk director is quoted on using DataVisor's Vera agents in October 2026.
- Named financial customers outside our 100 include NASA Federal Credit Union (customer since 2021), EQ Bank (Canada, 2024), Beem Credit Union and Tru Cooperative Bank (Canada, via VeriPark, 2025-2026), and the community-bank core providers DCI (2021) and Nymbus (2023).
- DataVisor says it ended its fiscal year to March 2022 with nearly 3x annual recurring revenue growth and a net dollar retention rate above 170% (vendor-reported).
- Pricing is not published; datavisor.com has no pricing page and routes buyers to a demo.
What does DataVisor sell to banks?
| Product | What it does | Status |
|---|---|---|
| Fraud and risk platform[20][18][5] | Real-time fraud decisioning across onboarding, login, profile changes and payments (card, ACH, wire, RTP, Interac e-Transfer), combining supervised and unsupervised machine learning, a rules engine, knowledge graph and case management; decisions in under 30 milliseconds, per DataVisor. | Generally available |
| AML solution and AI SAR filing[12][14] | End-to-end anti-money-laundering module (customer risk rating, CDD/EDD, sanctions and watchlist screening, transaction monitoring, case management) launched March 2024, extended in August 2025 with AI-generated SAR narratives, automated field population and direct e-filing to FinCEN. | Generally available |
| Vera AI agents[16] | A suite of conversational AI agents, launched April 14, 2026, that execute plain-language instructions across fraud and AML work (detection, rule and strategy changes, investigation, reporting) with logged interactions, human approval, audit and rollback. | Generally available |
| Vera Code[20] | An agentic AI capability, launched October 20, 2026 at Money20/20 USA, that turns customer requirements into a configured and tested fraud or AML solution (event schemas, signals, rules, scorecards, alert queues, review workflows, test data). | Generally available |
| dEdge device intelligence and Identity Graph[4][6] | Mobile-first device intelligence that profiles device and user behavior to separate genuine users from bots and manipulated devices, plus a real-time graph linking users, accounts, cards, devices and addresses to expose fraud rings. | Generally available |
| Sponsor-bank (BaaS) solution[11] | Multi-tenant fraud, BSA and customer-risk monitoring that gives a sponsor bank one view across its fintech partners' customers and transactions, launched February 2024. | Generally available |
How much does DataVisor cost?
How it is charged: Sales-led enterprise SaaS contracts, sold directly or bundled through core and digital-banking partners; bought through a demo and proof of concept.
DataVisor does not publish a price list.
Pricing is not published; datavisor.com has no pricing page and directs buyers to request a demo. Partner channels (DCI, Nymbus, VeriPark) resell DataVisor inside their own platforms, and no partner price has been published either.
Which banks use DataVisor?
| Bank | What | Status |
|---|---|---|
| SoFi Technologies | Payments fraud and risk: Galileo, SoFi's payments-platform subsidiary (now SoFi Tech Solutions), built its Payment Risk Platform jointly with DataVisor in 2022 and is named as a DataVisor customer; in October 2026 a SoFi Tech Solutions payments-risk director described using DataVisor's Vera AI agents.[7][8][20] | In production |
Among the 120 largest US banks on this site, from sources that name the bank: the bank, DataVisor or the press. Status is the furthest stage a source confirms.
What is DataVisor fraud and financial crime platform?
A real-time decisioning platform that aggregates first- and third-party data, scores events with supervised and patented unsupervised machine learning plus rules, and adds device intelligence, a knowledge graph, case management and an end-to-end AML module (customer risk rating, screening, transaction monitoring, SAR e-filing); the Vera AI agents sit on top for building, tuning and investigating in plain language.[20][12][2]
What has DataVisor done, and when?
- Oct 20, 2026
Launches Vera Code at Money20/20 USA[20]
DataVisor launched Vera Code, an agentic AI capability that builds and tests fraud and AML solutions from customer requirements; the release quotes SoFi Tech Solutions on using Vera agents.
- Jun 16, 2026
Tru Cooperative Bank selects DataVisor[18]
Tru Cooperative Bank (formerly First West Credit Union) in Canada selected DataVisor through its pre-integration with VeriPark's digital-banking platform, covering onboarding, login, profile changes, Interac e-Transfer and bill pay.
- May 27, 2026
Co-founder Yinglian Xie steps down as CEO[17]
DataVisor appointed Patrick Harr, former CEO of SlashNext, as chief executive; Xie became President of Technology and AI.
- Apr 14, 2026
Launches Vera conversational AI agents[16]
DataVisor launched Vera, conversational AI agents that carry out plain-language instructions across fraud and AML operations, with human approval, logging and rollback.
- Aug 28, 2025
Adds AI SAR narratives and e-filing[14]
DataVisor added AI-generated suspicious activity report narratives, automated field population and one-click e-filing to FinCEN to its AML platform.
- Oct 16, 2024
EQ Bank selects DataVisor[13]
EQ Bank, the digital arm of Canada's Equitable Bank, selected DataVisor's fraud suite for real-time detection across its banking products.
- Mar 26, 2024
Launches end-to-end AML solution[12]
DataVisor added an AML module covering customer risk rating, CDD/EDD, sanctions screening, transaction monitoring, case management and automated SAR filing, integrated with its fraud platform.
- Oct 11, 2023
Launches generative-AI Co-Pilot[9]
DataVisor launched AI Co-Pilot, a generative-AI tool that automates rule creation and tuning, generates feature scripts from natural language and writes plain-language rule explanations.
- Dec 14, 2022
$40 million growth investment led by Brighton Park[8]
Brighton Park Capital led a $40 million strategic growth investment with NewView Capital and GSR Ventures; DataVisor named DCI, NASA Federal Credit Union, Neo Financial, Galileo and AirAsia among customers.
- Sep 20, 2022
Galileo builds Payment Risk Platform with DataVisor[7]
Galileo Financial Technologies, owned by SoFi Technologies, expanded its Payment Risk Platform jointly with DataVisor to cover debit and credit card, ACH and provisioning fraud for its clients.
- May 18, 2022
Reports nearly 3x ARR growth for fiscal 2022[6]
DataVisor said it closed its fiscal year to March 2022 with nearly 3x annual recurring revenue growth and a 170%+ net dollar retention rate, and promoted Fang Yu to Chief Product Officer and Caiwei Li to CTO.
- Sep 16, 2021
DCI deploys DataVisor for community banks[5]
DataCenter Inc., a core-banking provider owned by its community-bank clients, deployed DataVisor's fraud platform for its customer banks after considering several vendors.
- Feb 12, 2018
$40 million Series C led by Sequoia China[3]
Sequoia China led a $40 million Series C with existing investors New Enterprise Associates and GSR Ventures; DataVisor said it had protected more than 2 billion users, naming Pinterest, Yelp and Alibaba Group among clients.
- Jan 1, 2013
What do banks use DataVisor for?
| Use | What it does | Status | Use case |
|---|---|---|---|
| Real-time payments and account fraud decisioning[18][7][5][10] | Scoring onboarding, login, profile-change and payment events (card, ACH, wire, RTP, e-Transfer) with unsupervised and supervised machine learning and rules. | In production | Fraud detection |
| AML monitoring and SAR filing[12][14][19] | Customer risk rating, sanctions screening, transaction monitoring and AI-drafted SARs e-filed to FinCEN; NASA Federal Credit Union reports a 90% cut in SAR filing time after its fraud-and-AML modernization with DataVisor. | In production | AML / KYC |
| Vera AI agents for fraud and AML teams[16][20] | Conversational agents that build rules and solutions, tune strategies and summarize investigations, with human approval for each action. | In production | Generative & agentic AI |
| Device intelligence and account-takeover defense[6][15] | dEdge device and behavior profiling to detect bots, emulators and account takeover at login and in session. | In production | Cybersecurity |
| Sponsor-bank oversight of fintech partners[11] | A multi-tenant view of fraud and BSA risk across a sponsor bank's banking-as-a-service fintech programs. | Announced | Third-party & vendor AI |
What has DataVisor disclosed in numbers?
| Metric | Value | As of |
|---|---|---|
| Series C (2018) and growth investment (2022) | $40 million led by Sequoia China; $40 million led by Brighton Park Capital (no valuation disclosed)[3][8] | Dec 14, 2022 |
| Fiscal 2022 growth (vendor-reported) | Nearly 3x annual recurring revenue growth; net dollar retention above 170%[6] | Mar 31, 2022 |
| Users protected (vendor-reported) | More than 2 billion users globally[3] | Feb 12, 2018 |
| Vera agent results (vendor-reported) | Investigation time cut by up to 60%, regulatory reporting time by up to 90%, false positives lowered 87%; an estimated 1.7 years of work saved across customers[20] | Oct 20, 2026 |
| NASA Federal Credit Union results (customer-reported) | 42% fewer AML false positives with 100% true-positive retention; 41% less manual review time; 90% less SAR filing time[19] | Jul 9, 2026 |
| 2026 Fraud & AML Executive Report (vendor survey) | 23% of institutions say they have the right infrastructure for AI-driven fraud; 74% call AI-driven fraud a top threat[16] | Apr 14, 2026 |
“Vera AI agents help fraud teams use their data and expertise to develop strategies more quickly and manage fraud programs more efficiently.”[20]
Maxim Spivakovsky · Sr. Director, Global Payments Risk Management, SoFi Tech Solutions · Oct 20, 2026
“By helping teams test, deploy and improve their programs faster, Vera strengthens both detection and operational efficiency.”[20]
Patrick Harr · CEO, DataVisor · Oct 20, 2026
“DataVisor strengthens our ability to prevent fraud earlier across the digital journey, supporting a secure, seamless experience our members can trust.”[18]
Darrell Jaggers · Chief Transformation & Information Officer, Tru Cooperative Bank · Jun 16, 2026
Who runs DataVisor?
Which rules apply to a bank using DataVisor?
| Authority | Why it matters here | Documents |
|---|---|---|
| FinCEN | DataVisor's AML module runs the transaction monitoring, sanctions screening and SAR drafting a bank uses to meet its BSA obligations, and since August 2025 it e-files SARs to FinCEN directly; the AI-written narrative and the filing decision remain the bank's responsibility. | 2018 Joint Statement on BSA/AML Innovation FIN-2024-Alert004 (Deepfake Media) |
| Federal Reserve | DataVisor's unsupervised and supervised fraud and AML models are vendor models a bank must inventory, validate and monitor under SR 26-2, which is harder for unsupervised models that flag anomalies without labelled outcomes; the Vera agents fall to the bank's broader risk management, since SR 26-2 leaves generative and agentic AI outside its scope. | SR 26-2 |
| OCC | A bank outsourcing fraud and AML decisioning to DataVisor, or receiving it through a core or digital-banking partner such as DCI, Nymbus or VeriPark, takes on third-party and fourth-party risk under OCC Bulletin 2023-17, and OCC Bulletin 2026-13 sets model-risk expectations for the vendor models; sponsor banks using its BaaS monitoring remain accountable for their fintech partners. | OCC Bulletin 2023-17 OCC Bulletin 2026-13 |
Linked authorities have a page in the Regulation tracker; the others are named for completeness.
What should a bank note before buying DataVisor?
Analysis by BankingNewsAI from the sources cited on this page. Observations, not advice or a recommendation.
01
Pricing is not published
DataVisor has no pricing page and sells through demos and proofs of concept; banks buying through DCI, Nymbus or VeriPark get it inside a partner contract, so the price depends on the channel.
02
Few large-bank customers are named
Named financial clients are mostly credit unions, Canadian banks, card networks and fintech platforms; the one link to our 100 banks is SoFi's Galileo unit, and DataVisor's large-US-bank case studies are anonymous.
03
Results are vendor- or customer-reported
Vera's 60%, 90% and 87% figures and the fiscal 2022 growth figures come from DataVisor's own releases; NASA Federal Credit Union's figures come from its own release; none is independently audited.
04
Leadership changed in 2026
Co-founder Yinglian Xie handed the CEO role to Patrick Harr in May 2026, and DataVisor has not announced a funding round since December 2022.
05
Unsupervised models need their own validation plan
DataVisor's core detection uses unsupervised machine learning that flags unlabelled anomalies, which a bank's model-risk team validates differently from a supervised score.
What are the alternatives to DataVisor?
Feedzai
RiskOps platform for bank fraud, scam and AML prevention: transaction scoring, behavioral biometrics and network intelligence.
Featurespace
Real-time behavioral fraud and AML scoring for banks and processors (The Featurespace Platform, formerly ARIC Risk Hub); a Visa unit.
Sardine
Fraud and AML platform: device and behavioral signals, transaction monitoring, sanctions screening and AI agents for alert review.
Alloy
Identity and fraud prevention platform: onboarding KYC/KYB, fraud and login risk scoring, AML monitoring and data orchestration.
BioCatch
Behavioral-biometric and device intelligence that scores digital banking sessions for account takeover, scams, mules and application fraud.
Pindrop
Phone-channel fraud scoring, passive caller authentication and voice deepfake detection for bank contact centers.
Oscilar
No-code risk decisioning platform with AI agents for fraud, credit underwriting, onboarding and AML compliance.
How much does DataVisor cost?
DataVisor does not publish pricing. Its website has no pricing page and directs banks, credit unions and payment companies to request a demo, after which it sells enterprise SaaS contracts. Some banks get DataVisor bundled inside a core or digital-banking platform from partners such as DCI, Nymbus or VeriPark, and those partners have not published a price either, so cost comparisons depend on quotes.
Which banks use DataVisor?
Among the 100 banks we track, SoFi is the sourced customer: its payments-platform subsidiary Galileo built its Payment Risk Platform jointly with DataVisor in 2022, DataVisor names Galileo as a customer, and a SoFi Tech Solutions payments-risk director described using its Vera AI agents in October 2026. Other named users include NASA Federal Credit Union, EQ Bank, Beem Credit Union and Tru Cooperative Bank in Canada, and the core providers DCI and Nymbus.
Who owns DataVisor?
DataVisor is privately held. Brighton Park Capital led a $40 million strategic growth investment in December 2022 with NewView Capital and GSR Ventures, and Sequoia China led a $40 million Series C in 2018 with New Enterprise Associates and GSR Ventures. DataVisor has not disclosed a valuation or announced a funding round since December 2022.
Is DataVisor a bank or regulated financial institution?
No. DataVisor is a software company in Mountain View, California, that sells fraud and AML software to banks, credit unions and payment providers. It is not a chartered bank. The banks that use it remain responsible for their own BSA/AML programs, SAR filings and model risk management, and oversee DataVisor as a third-party vendor.
What is DataVisor Vera?
Vera is DataVisor's suite of conversational AI agents, launched April 14, 2026. Fraud and AML teams give instructions in plain language and the agents carry them out across detection, rule and strategy changes, investigation and reporting, with logged actions, human approval and rollback. Vera Code, added October 20, 2026, builds and tests a complete fraud or AML solution from a customer's requirements.
Who runs DataVisor?
Patrick Harr has been chief executive since May 27, 2026; he previously ran SlashNext, which was acquired by Varonis. Co-founder Yinglian Xie, CEO from 2013 until then, is now President of Technology and AI, co-founder Fang Yu is Chief Product Officer, and Caiwei Li is Chief Technology Officer.
How does DataVisor differ from Feedzai?
Both sell banks a combined fraud and AML platform. DataVisor's distinctive claim is unsupervised machine learning that flags coordinated fraud without labelled history, and it reaches smaller banks and credit unions through core and digital-banking partners. Feedzai is larger by its own reported figures and names more large-bank customers. Both now sell agentic AI assistants for fraud teams (Vera and Farol).
- About DataVisor
- DataVisor Customers
- DataVisor Secures $40 Million to Fight Fraud Globally
- DataVisor Gains Momentum, Expects Rapid Growth as Demand Intensifies
- DCI Partners with Datavisor to Empower Community Banks with Real-time AI-Powered Fraud Solutions
- DataVisor Builds Strong Momentum in the Fiscal Year Ending in March 2022
- Galileo Expands Payment Risk Platform with DataVisor
- DataVisor Announces $40 Million Strategic Growth Investment Led by Brighton Park Capital
- DataVisor Launches AI Co-Pilot – a Generative AI Solution – to Revolutionize Real-Time Fraud Defense
- NYMBUS Chooses DataVisor to Provide Next-Gen Digital Banking Fraud Solutions to its Customers
- DataVisor Offers Comprehensive Fraud and Risk Solution for Sponsor Banks to Ensure Compliance with New Banking-as-a-Service Regulations
- DataVisor Revolutionizes AML Compliance with Launch of AI-Powered End-to-End Solution
- EQ Bank Partners with DataVisor to Drive Growth with Cutting-Edge Fraud Protection
- DataVisor Launches the Industry's First Fully Unified, AI-powered SAR Filing Solution
- VeriPark Partners with DataVisor to Deliver Embedded AI-Powered Fraud Protection for Credit Unions
- DataVisor Launches the First Conversational AI Agents for Financial Crime Prevention
- DataVisor Appoints Patrick Harr as CEO to Scale AI-Native Market Leadership in Fraud and Financial Crime Prevention
- Tru Cooperative Bank Selects DataVisor to Power Real-Time Fraud Prevention
- NASA Federal Credit Union Earns Celent Model Risk Manager of the Year Award for AI-Powered Modernization
- DataVisor Cuts Financial Crime Solution Deployment from Months to Days with Agentic AI
When a bank signs with DataVisor, you'll read it here first.
when a bank picks an AI vendor, or a vendor ships for banks, it is in the next morning's brief · six sourced stories · 7 am PT · free
plus every regulation, bank and agent page update, the morning after · leave any morning