European Central Bank taps Feedzai’s AI tools for fraud, AML detection

The European Central Bank is tapping fraud mitigation service provider Feedzai to secure its upcoming payment channel, the digital euro.  The Lisbon-based Feedzai’s proprietary AI model will help the ECB flag money laundering attempts and stop fraudulent transactions, according to an Oct. 2 release. “Each transaction receives a fraud risk score indicating the likelihood of […]

Vaidik Trivedi

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