back Back

Soldo partners with Featurespace to curb financial crime

By Gloria Methri

October 31, 2022

  • AI
  • Anti-Money Laundering Solutions
  • Artificial Intelligence
Share

SoldoEuropean expense management platform Soldo has partnered with Featurespace to protect its customers against financial attacks.

The partnership will enable Soldo to get access to card and payment fraud prevention and Anti-Money Laundering solutions through Featurespace’s ARIC Risk Hub.

The company will also benefit from Artificial-Intelligence driven watchlist, Politically Exposed Persons (PEPs), and adverse media screening, thus enabling its customers to manage risk and ensure compliance across their business systems.

“Protecting our customers is core to our business. That is why partnerships like ours with Featurespace reinforce our ethos of striving for ways to make their lives easier and more secure”, said Steve Whiting, Head of PayTech at Soldo.

“As an innovative FinTech, we’re excited by how Featurespace’s AI and ML capabilities can be integrated into everything from card and payment fraud through to AML and sanction screening.”

Backed by global investors, Soldo provides a spend management platform to businesses across Europe, enabling efficient company and employee spending, including Sony, Mercedes-Benz, and Eurostar.

“It is great to partner with Soldo, which like us is a fast-growing technology company,” said Matt Mills, Featurespace’s Chief Commercial Officer. “Soldo made it clear from the start that they needed a complete solution; from AML to card and payment fraud, and from PEP to sanctions. We are delighted to have delivered this capability.”

The partnership follows Featurespace’s recent tie-up with Vital4, providing the latter’s customers with the ability to manage financial crime risks across AML, fraud, and sanctions within a single next-generation risk management platform.

Previous Article

October 31, 2022

Marqeta introduces Marqeta for Banking, expanding its modern card issuing platform

Read More
Next Article

November 01, 2022

Integral boosts APAC sales leadership with new appointment

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

AI

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

FinTech Focus: Catch latest developments of the week

Read More

February 23, 2024

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

February 23, 2024

Security Bank joins Avaloq to digitise its wealth management business

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023