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Feedzai has partnered with Novobanco to supply the financial institution’s shoppers safety from monetary crime.
Novobanco wil leverage the Digital Belief (DT) and Transaction Fraud for Banking (TFB) options inside Feedzai’s Threat-Ops.
Novobanco anticipates the brand new expertise will improve belief, optimize buyer engagement, and in the end enhance buyer satisfaction.
Feedzai inked a partnership with Portuguese financial institution Novobanco this week. The chance administration and fraud prevention firm has agreed to guard the financial institution’s shoppers from monetary crimes whereas not detracting from the shopper expertise.
Particularly, Novobanco will leverage the Digital Belief (DT) and Transaction Fraud for Banking (TFB) options inside Feedzai’s Threat-Ops, a platform that helps corporations defend customers from monetary crime. The software is embedded into corporations’ present workflows to assist uncover hidden felony exercise whereas not disrupting the shopper expertise.
“The Digital Belief and Transaction Fraud for Banking options that are a part of our RiskOps platform will empower Novobanco to additional improve its improbable service while offering the very best degree of economic safety for its clients,” stated Feedzai International Head of Gross sales Nuno Pires.
With 1.5 million shoppers and $47.8 billion (€43.8 billion) in property, Novobank is the 4th largest financial institution in its home market. The financial institution maintains a customer-centric tradition by providing an omnichannel buyer expertise and clear, easy merchandise.
Novobanco anticipates that DT and TFB will improve belief, optimize buyer engagement, and in the end enhance buyer satisfaction. Mixed, the 2 options will assist Novobank analyze and perceive buyer habits, flag safety threats, and block fraud makes an attempt in actual time.
Additionally primarily based in Portugal, Feedzai was based in 2011. The corporate’s options assist struggle fraud in additional than 190 international locations. In 2021, Feedzai was valued at a couple of billion {dollars} after receiving a $200 million funding spherical that boosted its whole funding to $277 million. There isn’t any phrase on an up to date valuation.
Photograph by JESHOOTS.COM on Unsplash
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