The European Central Bank has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its digital euro

The European Central Bank has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its digital euro

For every transaction, whether peer-to-peer (P2P) or peer-to-merchant (P2M), Feedzai platform will provide a fraud risk score that PSPs will use alongside their own controls when deciding whether to approve or decline a payment. The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai as the first-ranked tenderer, to provide the central fraud […]

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