HomeBankingBANK OF AFRICA: Picks NetGuardians to combat payment fraud

BANK OF AFRICA: Picks NetGuardians to combat payment fraud

Bank of Africa is a multi-business universal banking Group and one of Africa’s leading financial institutions
It will use NetGuardians’ fraud prevention software to protect its assets and branches in Morocco against internal and payment fraud
NetGuardians’s software builds customer profiles through the use of behavioral analytics
Its software monitors all transactions and provides a risk score by comparing it against the customer profile
The software reduces false positive volumes and empowers financial institutions to discover
NetGuardians stated that 25 clients across Africa and the Middle East are using its anti-fraud solution

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