Feedzai, a leading cloud-based financial risk management platform, and Solarisbank AG, one of Europe’s leading Banking-as-a-Service platforms, have announced a multi-year partnership.
The pioneering companies have joined forces to reshape banking, combining the trailblazing transformation that comes with Banking-as-a-Service with the risk management and security that is expected from financial institutions – all while preserving the customer experience. Importantly, the flexibility of Feedzai’s risk management solution means they can scale as Solarisbank grows, helping the company to keep up with a regulatory and geo-political landscape that is in a constant state of flux as well as more comprehensively protect customers from threats.
Solarisbank enables any company to offer financial services via APIs while easing the technical and regulatory complexities of banking. With this new partnership, Solarisbank is leveraging Feedzai’s proprietary technology which enables them to apply effective risk management which is in line with respective law requirements.
“We were drawn to Feedzai’s depth and breadth of experience in helping various banks fight financial crime,” said Roland Folz, CEO of Solarisbank. “Using Feedzai’s financial risk management platform we can bridge an important gap within the industry to deliver the best experience, both in terms of customer ease of use and protection from financial risk.”