Citigroup is partnering with artificial-intelligence-powered fraud-detection startup Feedzai to bolster the bank's $8.5 billion Treasury and Trade Solutions business. As a first step, the companies are collaborating on a tool to better protect the $4 trillion in payments the bank's thousands of corporate and public-sector customers send every day. That fast-paced business is increasingly under threat from cyber crime. Employing Feedzai's machine-learning capabilities, Citi is souping up a...
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