ECB Bets Big on AI: Portuguese Startup to Guard Digital Euro From Fraudsters
The European Central Bank has positioned a hefty wager on synthetic intelligence, handing Portuguese agency Feedzai a contract price up to €237 million to safeguard the upcoming digital euro from fraud. According to Reuters, the deal spans 4 years and ropes in PwC as a subcontractor. Their mission? Build AI fashions that flag dodgy transactions…
