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Sedric Named One of the Most Promising Startups by Citi and Visa

Tuesday, June 21, 2022 1:00 PM
Sedric
https://www.sedric.ai/

Advanced compliance platform launches new partnerships with communication solutions leaders to improve consumer protection for financial services clients

TEL AVIV, ISRAEL and NEW YORK, NY / ACCESSWIRE / June 21, 2022 / Sedric.ai ("Sedric"), an AI-based compliance excellence platform for next-gen fintechs, announced it was selected as one of the most promising fintech startups in Israel. Voted on by leading VCs and financial institutions, including Citi and Visa, the award reflects the company's continued growth and successful track record of supporting the expansion of fintech firms by ensuring compliance with evolving global regulations.

Sedric's innovative compliance platform tackles some of the most complex issues facing fast-growing fintechs. As customer protection regulations tighten across jurisdictions, companies are realizing the importance of investing in advanced solutions to ensure customer protection, brand integrity, and business growth. Sedric fills the market void with offerings tailored to the needs of customer-centric, fast-paced brands.

"On behalf of the selection committee, I want to congratulate Sedric on being recognized as one of the most promising startups in the market," said Ornit Shinar, Global Head of External Innovation and Venture Investing at Citi Innovation Lab. "Sedric stood out from a very competitive group of startups and was selected by some of Israel's leading venture capitalists for its compliance excellence platform for next-gen fintech companies."

The company also announced several new partnerships with leading communication platform providers, including Aircall, Twillio, and Zendesk. With Sedric's solution adding a compliance layer to these major platforms, contact centers serving financial services organizations can now keep communications compliant, effective, and risk-free across all channels while improving customer experience. The AI-driven insights that Sedric delivers enable sales and customer service leaders to continuously improve the performance of their client-facing teams and the overall customer experience.

"It's an honor to partner with leading communication platform vendors," said Nir Laznik, Co-Founder and CEO of Sedric. "With the growing scrutiny on customer communications by regulators across the globe, industry leaders like Aircall, Twilio, and Zendesk are leveraging our state-of-the-art platform to help their clients stay compliant with changing regulations and reduce their operational risk. We're proud to help their clients serve organizations in financial services and other regulated industries while protecting compliance and improving customer satisfaction."

Sedric recently earned its SOC 2 compliance certification. "The SOC 2 certification highlights our ongoing commitment to ensuring data integrity and operating with the highest level of security," added Laznik.

About Sedric

Sedric is a compliance excellence platform for next-gen fintech companies. With AI-based real-time monitoring, detection, and analysis of all customer interactions, Sedric ensures customer protection, minimizes risks and expedites business growth. Sedric empowers compliance teams to quickly apply new laws and regulations across their growing business operations and enables them to focus on high-risk events across all channels (voice, chat, video, email, social, and more). The company was established by Nir Laznik and Eyal Peleg in 2020 and is proud to serve fast-growing fintechs on three continents. It was recently awarded most promising fintech startup by Citi Bank and Visa. For more, please visit: https://www.sedric.ai/

Media Contacts:

For Sedric
Sivan Ron
LoBello Communications
[email protected]

CONTACT: Sedric

Topic:
Company Update
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