BANK OF AFRICA chooses NetGuardians’ AI software to reinforce internal and payment fraud prevention

Swiss FinTech NetGuardians, renowned for its enterprise risk platform for combatting financial fraud, has announced that the BANK OF AFRICA, a pan-African bank present in 31 countries worldwide, 20 of them being in Africa, will use NetGuardians’ fraud prevention software to further safeguard its assets and branches in Morocco against internal and payment fraud.

BANK OF AFRICA said, “NetGuardians’ anti-fraud software is a welcome addition to our network as we continue to strengthen our fraud mitigation. As Bank of Africa continues to serve as a leading commercial bank in Morocco, NetGuardians’ software will ensure that we stay ahead of fraud.”