Citi enters partnership with Feedzai on AI-based payment fraud security

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Dec. 19, 2018

Citigroup Inc.’s Treasury and Trade Solutions unit is in a strategic partnership with Feedzai to integrate the company’s machine learning technology into Citi’s proprietary payments platform, according to a press release.

Feedzai’s technology monitors client payment patterns to detect changes in payment behavior, as a means of protecting against cyber attacks and other potential  fraud, according to the release. Citi said it expects to roll out a new solution featuring Feedzai’s technology starting in 2019.

“Our strategic partnership with Feedzai demonstrates our deep commitment to using technology to drive innovation,” Manish Kholi, global head of payments and receivables at at Citi’s Treasury and Trade Solutions, said in the release. “With the help of Feedzai’s solution, we can

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