Feedzai and PwC Partner to Establish Center of Excellence, Revolutionising Financial Crime Prevention for Financial Institutions
Press Releases • September 30, 2024
San Mateo, CA / Lisbon, Portugal – September 30, 2024 — Feedzai, a leading provider of risk management and fraud prevention solutions, and PwC, a trusted global consulting firm, have joined forces to establish a Center of Excellence (CoE) dedicated to combating financial crime. This strategic partnership significantly enhances the delivery of cutting-edge solutions to financial institutions, enabling them to protect businesses and consumers more effectively.
“The establishment of the Center of Excellence with Feedzai is a game-changer for our clients,” added Liviu Chirita, PwC Partner, Financial Crime Technology Leader. “This partnership amplifies our ability to deliver best-in-class financial crime prevention solutions faster and more efficiently. By combining our industry expertise with Feedzai’s technology, we empower financial institutions to stay ahead of emerging threats.”
The newly established Center of Excellence in Czechia is a unique hub where Feedzai’s advanced technology merges with PwC’s deep industry expertise and global reach. From this strategic location, the CoE will support financial institutions worldwide, offering a comprehensive suite of solutions that proactively address the evolving landscape of financial crime, streamline compliance processes, and enhance customer experience.
The Center of Excellence provides financial institutions unparalleled access to a specialized team of experts from both Feedzai and PwC. This dedicated team is committed to providing ongoing support, ensuring banks and financial institutions can swiftly implement, customize, and optimize Feedzai’s technology to meet their specific needs. Moreover, the CoE will serve as an innovation hub, driving continuous improvements and ensuring institutions are equipped to combat financial crime with the latest advancements.
“This Center of Excellence represents a significant milestone in our commitment to helping financial institutions navigate the complexities of the regulatory landscape while protecting their customers from financial crime,” said Nuno Sebastião, Co-Founder and CEO at Feedzai. “Together with PwC, we are creating a robust framework that supports continuous innovation and tailored solutions for our clients.”
About Feedzai:Feedzai is a leading provider of fraud prevention and financial crime compliance solutions, trusted by some of the world’s largest financial institutions. Leveraging machine learning and advanced analytics, its platform enables businesses to detect and prevent financial crime in real-time, protecting customers and enhancing trust. For more information, visit feedzai.com.
About PwC:At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 156 countries with over 295,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.
Notes to editors:For the purpose of this release, PwC refers to PwC Czech Republic
