A global leader in AI-powered financial risk management, this organisation offers a platform designed to secure digital payments and enable trusted commerce, vital for the functioning of smart cities. Founded in Lisbon, the startup specialises in real-time fraud prevention, leveraging machine learning to analyse vast quantities of transactions. By identifying and mitigating fraudulent patterns in milliseconds, the platform protects banks, payment processors, and merchants from financial crime. With a workforce exceeding 500 employees and a global reach, the company plays a crucial role in ensuring the integrity of digital financial systems.
The technology offered is increasingly relevant as smart cities across Europe adopt digital solutions and cashless payment systems for urban services. Ensuring the security and trustworthiness of these digital payment infrastructures is paramount to the success and acceptance of smart city initiatives. By safeguarding digital transactions, this organisation enables seamless and secure commerce within smart cities, promoting economic growth and citizen trust. In essence, it provides a foundational element necessary for the sustainable and reliable operation of a digitally driven urban environment.