ECB picks AI startup to prevent digital euro fraud
Yahoo Financeยท2025-10-02 09:23
FRANKFURT (Reuters) -The European Central Bank said on Thursday it had picked a Portuguese startup focussed on artificial intelligence to help prevent fraud in its planned digital euro currency. The contract with Feedzai, worth up to 237.3 million euros ($278.69 million), is one of several announced by the ECB on Thursday to advance a project that it sees as key for the euro zone's financial autonomy from the United States. Under it, Feedzai and its subcontractor PwC will provide an AI model for scorin ...