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ScamFlag Wins European AI Award for Best AI Application in Financial Services

Krakow, October 30, 2025 – ThreatMark’s ScamFlag has been named the winner of the European AI Awards 2025 in the category Best AI Application: Financial Services. The recognition highlights the company’s innovative and purpose-driven use of AI to address one of the most pressing challenges in modern banking: scam prevention. 

Winning the European AI Award is an incredible honor and validation of our mission to protect people from scams,” said Michal Tresner, CEO and founder of ThreatMark. “It shows that AI and LLMs, when applied responsibly, can genuinely strengthen financial security and rebuild customer trust. 

ScamFlag, ThreatMark’s latest innovation in real-time scam prevention, uses AI to instantly verify whether a message, chat, or payment request is fraudulent. Integrated directly into banking apps, it allows users to upload screenshots of suspicious content. Within seconds, ScamFlag delivers a clear verdict on whether the content is genuine or deceptive and explains any manipulative tactics detected, helping users stay safe before making a risky move. 

Recognition from Top AI Experts

Held in Krakow and organized by Wolves Summit, the European AI Awards celebrate outstanding achievements and innovation in AI across the continent. Winners were chosen by a panel of AI experts, including corporate innovation leaders, academics, and investors, alongside a public vote from attendees at the Awards Gala. 

This award highlights growing recognition of ScamFlag as a trusted AI solution for banks and financial institutions,” added Tresner. “We’re proud to see our technology making a real difference in safeguarding people and their finances.” 

Learn more about ScamFlag