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NetGuardians tapped by Bank of Africa for fraud prevention software

December 21, 2022


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.

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