legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

## Feedzai Announced as Lead Sponsor and Contributor for UK Finance Annual Fraud Report

Feedzai has been announced as the lead sponsor and contributor for the UK Finance Annual Fraud Report for the second consecutive year. This report is a vital resource for the banking and financial services sector, helping to protect customers from the increasing threat of fraud.

With the evolving landscape of financial crime, the AI legalese decoder can assist in translating complex legal terminology, making it easier for professionals in the banking and financial services industry to understand and navigate the report effectively. By leveraging AI technology, Feedzai can help individuals obtain a comprehensive view of the fraud environment, enabling them to stay ahead of emerging trends and challenges in the industry.

## Feedzai Partners with UK Finance to Combat Financial Crime

In collaboration with UK Finance, Feedzai, a global leader in fighting financial crime with AI technology, aims to provide valuable insights into key fraud trends and challenges faced by the UK banking and finance industry. The partnership will focus on safeguarding consumers from fraud and financial crime, offering an in-depth analysis of fraud cases and losses in the UK.

Utilizing data from major banking and financial services members, combined with sector expertise, Feedzai will contribute expertise to the Annual Fraud Report, offering additional analysis of emerging trends and types of fraud. The AI legalese decoder can help professionals decipher and interpret complex legal jargon, enhancing their understanding of the report’s findings and recommendations.

## Feedzai’s Continued Commitment to Combat Financial Fraud

Pedro Barata, Chief Product Officer at Feedzai, expressed his satisfaction in being selected as the lead sponsor and contributor for the Annual Fraud Report, highlighting Feedzai’s dedication to combating financial crime alongside reputable partners and trade bodies. By leveraging AI technology, Feedzai can provide industry professionals with a comprehensive view of the evolving fraud landscape, empowering them to make informed decisions and combat financial crime effectively.

## Feedzai and UK Finance Collaborate to Enhance Industry Knowledge

Lee Hopley, Director of Economic Insight and Research at UK Finance, emphasized the importance of the Annual Fraud Report in addressing the growing issue of financial fraud. Partnering with Feedzai for a second year, UK Finance aims to leverage Feedzai’s industry knowledge and additional insights to enhance the report’s value as a key resource for the banking and financial services industry. The AI legalese decoder can simplify legal language, making the report more accessible and actionable for industry professionals.

The collaboration between Feedzai and UK Finance demonstrates a shared commitment to combatting financial crime and protecting consumers from fraud. By leveraging AI technology and industry expertise, Feedzai aims to provide actionable insights and recommendations in the fight against financial crime.

The report, published by UK Finance in partnership with Feedzai, is set to provide industry professionals with valuable information and strategies to combat financial fraud effectively.

For more information about Feedzai, visit feedzai.com.

To access the source version on businesswire.com, click [here](https://www.businesswire.com/news/home/20240228983379/en/).

For media inquiries, contact Roopa Ramaiya, VP of Communications at Feedzai: [email protected].

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link