Feedzai and Técnico invest in the university-industry link

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Lisbon’s Higher Technical Institute is looking to the future of global trade thanks to its risk management platform driven by ‘big data’ and ‘machine learning’.

In this area an agreement between the Portuguese unicorn Feedzai and Técnico has been signed and is being held up as an example of how cooperation between universities and industry can be beneficial for companies and the economy.
The agreement involves equipment support for a computer lab for student use at the technical college, the annual provision of MA and PhD student grants for dissertation research among other initiatives.
The first IST ‘chair’ in the ‘machine learning’ domain, an area which is vital in the international scientific and technological world in which the partners are involved.
Founded and developed by data scientists and aerospace engineers, Feedzai has its own technology to fight financial fraud using AI. Among its clients are banks, payment processors and e-commerce platforms who use its products to prevent financial fraud and money laundering.
Feedzai is the 14th company to be integrated into the Technical Institute Network of Partners whose activities are spread out over five areas: “Discovering Talents” aimed at creating a strong link between companies and the Technical Institute, ‘More and Better Talents”, which aims to improve education involving companies in learning processes; “Innovation Accelerator” which aims to create links that boost innovation in company domains in collaboration with university professors, researchers and students and last, “Social Responsibility” which seeks to integrate the growing willingness of companies that want to support the technical college students whose families have difficulties in bearing education costs and a fifth component: the Technical Institute aims to mobilise companies on that partnership network as interlocutors in aspects related to the Institute’s strategic decisions.