The new partnership will be underpinned by a jointly operated center of excellence to support customers.
Feedzai, the leading AI-native RiskOps platform for financial crime prevention, and Matrix USA, a leader in advisory and technology services for the financial industry, announced a global partnership to provide banks and financial institutions with the latest technology and services to fight fraud and money laundering at speed and scale.
AI is no longer a future threat. According to Feedzai research, this tool is already in the hands of more than 50% of scammers. As criminals leverage AI to accelerate financial crimes, many institutions face pressure from outdated infrastructure that cannot keep up with evolving threats. Feedzai’s AI-native financial crime prevention technology, combined with Matrix USA’s implementation and advisory expertise, directly addresses these challenges and provides organizations with strong protection without disrupting daily operations.
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“Financial institutions are under tremendous pressure to modernize their fraud and AML defenses without slowing down their operations,” said Lior Brick, CEO of Matrix USA. “Combining Feedzai’s industry-leading AI capabilities with our deployment and integration expertise provides our customers with a faster, more reliable path to advanced fraud prevention and stronger compliance.”
As part of the partnership, the companies will jointly operate a center of excellence to implement a structured and repeatable approach to deploying AI-based anti-fraud and anti-money laundering (AML) solutions across multiple markets. This is also a critical time for decision-makers, with Feedzai recently finding that 53% of fraud professionals are willing to quit their jobs over inadequate AI tools.
“AI has changed the fraud landscape forever, and financial institutions need solutions that can evolve rapidly as well,” said Nuno Sebastian, co-founder and CEO of Feedzai. “That requires advanced technology with the right expertise to make it work effectively. Together, Feedzai and Matrix USA will help financial institutions translate powerful capabilities into real-world impact against financial crime powered by advanced AI.”
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