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

Date:

Share post:


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 […]



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Nature and Significance of management | Class 12 | Business Studies | Chapter 1

Nature and Significance of management | Class 12 | Business Studies | Chapter 1 📲 Download the DeeCee...

Delta Amex Cards Adding Free Second Checked Bag Benefit

Delta Amex Cards Adding Free Second Checked Bag A new benefit appears to be coming to eligible Delta...

America’s Debt – A New Infrastructure?

At roughly 128% debt-to-GDP, the United States sits alongside France, Italy, and the United Kingdom -- not...

More war-driven inflation seen in Fed’s favoured gauge

By Vince Golle and Craig Stirling (Bloomberg) — The Federal Reserve’s favoured top-line inflation gauge is rapidly...