Trust Payments has announced a multi-year partnership with Feedzai, a “RiskOps platform for financial risk management.”
According to a release, by using Feedzai, Trust Payments’ customers will benefit from an advanced cloud-based risk management platform, powered by machine learning and artificial intelligence.
Daniel Holden, Group CEO of Trust Payments, issued the following statement:
“We’re delighted to be partnering with Feedzai to ensure our vision for Converged Commerce™ can be backed by their robust risk management offering, covering device authentication, malware defense, behavioral biometrics, and a full suite of integrated fraud and anti-money laundering solutions. This partnership will reinforce our commitment to a gold-standard risk framework to help deliver trusted commerce solutions to our customers around the world.”
Nuno Sebastião, CEO at Feedzai, said they are delighted that Trust Payments will be using their platform to hand fraud and financial crime posting security for their users.
“We are delighted that Trust Payments has selected Feedzai as a trusted partner and is implementing our unique RiskOps solution to ensure that their teams have a single platform to handle everything fraud and financial crime-related and to ensure financial security for themselves and their customers.”
Feedzai is in use by some of the world’s largest financial services firms. Feedzai has raised $282 million to date with a current valuation of $1.5 billion.