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European Central Bank Signs Framework Agreement with Feedzai for Digital Euro Fraud Prevention.

Oct 02, 20259 months ago

Contract Type

agreement

LisbonFinancial ServicesSoftwareArtificial IntelligenceFinanceMachine Learninginformation technology & services

Description

The European Central Bank has entered into a framework agreement with Feedzai to provide fraud detection and prevention for the upcoming digital euro. This agreement, valued between €79.1 million and €237.3 million, aims to secure the digital currency's integrity and compliance with EU standards.

Company Information

Company

Feedzai

Location

Rua Antonio Mega Ferreira

Lisbon, Lisbon, Portugal

About

Feedzai is the world's first end-to-end financial crime prevention platform, protecting people and payments with AI-native solutions that stop fraud and financial crime. Leading financial institutions trust Feedzai to manage critical risk and compliance processes, safeguarding trillions of dollars of transactions while improving the customer experience and protecting the privacy of everyday users. With offices in the US, Europe, Latin America, and Asia, Feedzai serves customers across the globe, delivering powerful risk management solutions that enable financial institutions to protect themselves and their customers from financial crime and uncover emerging fraud patterns.

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