Credibanco
Securing Colombia’s Payments with AI-Driven Fraud Prevention
Feedzai, the global leader in AI-driven fraud prevention solutions, announced its partnership with Credibanco, Colombia’s leading payment processing company with over 50 years of expertise. This partnership will enable Credibanco to leverage cutting-edge artificial intelligence and machine learning models to detect and prevent fraud in real time, ensuring seamless, secure transactions across multiple channels—both card-present and digital—while driving financial inclusion throughout Colombia’s rapidly evolving financial landscape.
The partnership comes at a pivotal time as Credibanco prepares for the rollout of BRE-B, Colombia’s upcoming instant payment system, and looks to enhance capabilities in the face of evolving regulatory requirements and market demands. By deploying Feedzai’s platform, Credibanco will transform its existing rule-based fraud prevention framework into a dynamic, model-driven solution. This transformation provides continuous risk intelligence for issuers, acquirers, merchants, and networks, unlocking the full potential of Credibanco’s payment ecosystem data.
