Bank of Africa is one of Morocco’s largest commercial banks. NetGuardians’ solution will monitor all of the company’s transactions and provide a risk score by comparing these transactions against a customer profile generated via artificial intelligence, machine learning and behavioural analytics.
Jonathan Somers, NetGuardians’ Middle East and Africa regional director, says the firm’s anti-fraud solution provides “advanced fraud protection while enriching customer service by keeping false positives to an absolute minimum”.
“Africa is a continent growing in opportunity, and technology-based infrastructure plays a large role in facilitating this growth,” Somers adds.
