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Feedzai was announced as a major sponsor and contributor to this report for the second year in a row
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Annual reports are an essential resource for the banking and financial services sector to protect customers from the growing threat of fraud.
London, February 28, 2024–(BUSINESS WIRE)–Feedzai, a global leader in the fight against financial crime with AI, has partnered with UK Finance, the industry association representing the UK banking and financial services sector.
For the second year in a row, Feedzai has been named a key sponsor and contributor to UK Finance’s annual fraud report. The 2024 edition explores the key fraud trends, challenges and opportunities for the UK banking and finance industry to continue protecting consumers from fraud and financial crime.
Feedzai combines data and sector expertise provided to UK Finance by several of our leading banking and financial services members to provide insight into the number of fraud cases and fraud costs in the UK. It also provides additional analysis on emerging trends and the incidence of certain types of fraud.
Commenting on the new partnership: Pedro Barata, Chief Product Officer, FeedzaiSaid:
“We are delighted to have once again been trusted by the UK Treasury as a partner to deliver their annual fraud reports. It underscores our commitment to work.”
“Financial crime is constantly evolving and this report is a valuable resource for all professionals in the banking and financial services industry who want a 360-degree view of the fraud environment.”
Lee Hopley, Director of Economic Insights and Research, UK FinanceAdded:
“Our annual fraud report highlights the ever-growing problem of financial fraud and we look forward to continuing our partnership with Feedzai for a second year. Feedzai’s industry knowledge and information is a key metric in the ongoing fight against the industry and in evaluating Feedzai’s industry knowledge and information.”The additional insights will be a valuable asset to the report, making it a valuable resource for the industry. ”
The report will be published later this year by UK Finance in partnership with Feedzai.
About Feedzai
Feedzai is the world’s first RiskOps platform, protecting people and payments with a comprehensive suite of AI-based solutions designed to stop fraud and financial crime. Feedzai is trusted by leading financial institutions to manage critical risk and compliance processes, improve the customer experience, and secure trillions of dollars in transactions while protecting the privacy of everyday users. For more information, please visit feedzai.com.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240228983379/en/
contact address
Roopa Ramaiya, Feedzai Vice President of Communications: pr@feedzai.com
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