Modern Slavery Statement

Feedzai – Consultoria e Inovação Tecnológica, S.A. (“Feedzai”) is the parent company of the Feedzai Group, the market leader in fighting financial crime with AI. The Feedzai Group is coding the future of commerce with today’s most advanced risk management platform powered by big data and machine learning. Founded and developed by data scientists and aerospace engineers, Feedzai has one mission: to make banking and commerce safe. Our platform touches people’s lives across the globe, our products and services are ultimately responsible for protecting consumers and therefore as a business we need to think beyond our commercial goals and to the wider global impact we have as a company. Feedzai takes the trust our employees, consumers, and clients have in us very seriously.

With more than 500 employees in several countries, including the UK, the world’s largest banks, processors, and retailers use Feedzai’s fraud prevention and anti-money laundering products to safeguard trillions of dollars and manage risk, while improving customer experience.

As a software company, we have a simple supply chain, composed by different service providers related to revenue/ non-revenue services. Considering the nature of Feedzai’s business we consider to operate in a low risk sector.

In any case, we want our service providers to abide by the same principles. With this in mind, we are focusing on developing internal processed to make sure we only do business with service providers that align with our mindset.

Feedzai has zero tolerance of modern slavery practices and is committed to ensure that its work environment and business practices are free of any sort of modern slavery and human trafficking.

To mitigate the risk of such practices, Feedzai’s Employee Handbook also addresses this matter. It is clearly stated that Feedzai is fully committed to providing a work environment free from human trafficking and slavery, which includes forced labor and unlawful child labor. It also clearly states that it applies not only to its employees, but also to contractors, subcontractors, vendors, suppliers, partners and others through whom Feedzai conducts business.

Additionally, formal training around this topics, aiming to cover how to identify signs and risks of modern slavery is already identified amongst the Company’s training priorities for the future..

Feedzai commits to keep monitoring and improving its approach in protecting its work environment and supply chain from any forms of modern slavery.

This statement is made pursuant to section 54 of the Modern Slavery Act 2015 and constitutes Feedzai’s modern slavery and human trafficking statement for the financial year from February 2022 to January 2023.

 

Duly approved at Feedzai’s Board of Directors and signed by
Nuno Sebastião, CEO