Feedzai, the global firm focused on AI-driven fraud prevention solutions, announced its partnership with Credibanco, Colombia's payment processing company. This partnership will enable Credibanco to leverage artificial intelligence and machine learning models to detect and prevent fraud "in real time, ensuring secure transactions across channels-both card-present and digital-while driving financial inclusion" throughout Colombia's financial ecosystem. The partnership comes at a key time as Credibanco prepares for the rollout of BRE-B, Colombia's upcoming instant payment system,
Feedzai is a California-based data science company that provides real-time data processing, business monitoring and fraud prevention solutions for banks and financial firms.