How fragmented banking systems became fraud’s best weapon, with Feedzai’s Pedro Bizarro

June 11, 2026

On Backbase’s Banking Reinvented podcast, Feedzai co-founder and Chief Science Officer Pedro Bizarro explains why responsible AI is an engineering decision, why fraud losses have passed $440 billion a year, and what Feedzai’s RiskFM foundation model changes for banks.

Page printed in October 9, 2026. Please see https://www.feedzai.com/inthenews/how-fragmented-banking-systems-became-frauds-best-weapon-with-feedzais-pedro-bizarro for the latest version.