ECB Picks AI Startup to Prevent Digital Euro Fraud
8 Articles
8 Articles
Portuguese technology Feedzai will play a central role in preventing fraud in the digital euro after being selected by the European Central Bank as the main supplier.
The ECB confirmed on 2 October 2025 that it had chosen the Portuguese start-up of AI Feedzai, specialised in the fight against fraud, to protect the digital euro. A major partner for a large project. The European Central Bank (ECB) has entrusted part of the future digital euro to a technological nugget:
ECB Taps AI to Combat Digital Euro Fraud
The European Central Bank (ECB) has selected Feedzai, a Portuguese startup specialising in artificial intelligence, to help prevent fraud in its proposed digital euro currency. The contract, valued at up to 237.3 million euros, is part of a series of agreements the ECB announced on Thursday to further a project it considers essential for the euro zone’s financial independence from the United States. Feedzai, in collaboration with its subcontract…
ECB taps AI startup to combat fraud in digital euro rollout - Cryptopolitan
The European Central Bank (ECB) on Thursday chose Portugal-based startup Feedzai to help with fraud detection and prevention for the bank’s digital euro. The financial institution has awarded about five tenders in connection with the planned launch of the digital euro. ECB introduced its central bank digital currency (CBDC) project in 2021, with its launch expected in 2029. The bank acknowledged that the awarding of the tenders signals the launc…
The European Central Bank (ECB) has selected a Portuguese artificial intelligence startup to build a fraud prevention system for its planned digital euro under a framework contract worth 237.3 million euros, Reuters reports.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium