Banca Transilvania will implement an SAS solution to meet all its fraud detection and prevention requirements in banking. SAS is a leader in analytics solutions, underpinned by advanced technologies and incorporating artificial intelligence and machine learning capabilities.

Quotes:

Leontin Toderici, Deputy CEO, Operations, Banca Transilvania:

"With the global pandemic and periods of lockdown, we have seen an increase in attempts at digital fraud worldwide. The sophistication of these attempts is rising, but Banca Transilvania is focused on preventing fraud by using leading technologies so we can continue to deliver seamless and secure services to our customers. We are confident in our partnership with SAS and will continue to be at the forefront of digitalisation in the market."

Stefan Baciu, Country Manager, SAS Romania & Moldova:

"We are delighted and honoured by the new partnership with Banca Transilvania. Our goal is to provide the bank with the support it needs for easy and fast customer interactions, while maintaining robust anti-fraud monitoring with rapid response times. We are fortunate to have a visionary partner like Banca Transilvania on this new journey, and we are committed to delivering another successful project."