Breaking News
Payments specialist EFT Corporation teams up with ACI Worldwide to tackle fraud across Africa
EFT Corporation, the African focused fintech provider specialising in end-to-end payment solutions, today announces a new partnership with ACI Worldwide to protect their customers from fraud.
As part of the deal, EFT will rollout ACI’s Fraud Management Solution across all Eastern and Southern African countries which include: Kenya, Ethiopia, Uganda, Tanzania, Rwanda, Burundi, Zimbabwe, Zambia, Malawi, Botswana, Mauritius etc.
The ACI Fraud solution is platform agnostic and monitors all channels, meaning it can monitor and protect across web, mobile, ATM and POS platforms. The solution will enable banks, acquirers, processors, and networks to turn fraud prevention into a competitive differentiator with a secure and seamless solution that exceeds customer expectations and delivers against increasing regulatory demands.
Jerry Shikhule, Senior Commercial Lead for ACI Worldwide, East Africa said: “ACI Worldwide and EFT Corporation have been working together for over 20 years to provide incredible experiences to customers across Africa. This includes working on over five national switches and partnering with over 30 major customers across the continent. We’re excited to roll out our fraud management solution, to strengthen the security and capability of our network, protecting customers and our improving services.”
Grant Flanagan, Chief Operating Officer of EFT Corporation said: “This is yet another exciting milestone in EFT’s rapid growth journey, allowing us to work with ACI Worldwide to offer world-class fraud protection to our customers across multiple countries. This partnership will enable our customers to identify and mitigate financial fraud and help reduce the compliance burden in all forms.”
- GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence Read more
- Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance Read more
- Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market Read more
- Emerging Market Opportunities: The Next Billion Customers | Freemarket, Fincra and Axiym | FF Virtual Arena #358 Read more
- Inside Citi’s AI Playbook: Curated Data and Transparent Decisions Read more
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.
Revolut Completes Fundraising Process Establishing $75 Billion Valuation
Revolut, the global fintech leader with over 65 million customers worldwide, has today announced the completion of a share sale, valuing the company at $75 billion
British Business Bank Publishes Five-Year Strategic Plan to Deliver Step Change in Smaller Business Finance
The British Business Bank responds to an updated mandate from the UK Government by publishing a five-year strategic plan for smaller business finance
As Government Launches SME Lending Review, New Tech Could Unlock £5bn in Credit Annually by Halving Declined Applications – FXE and CFIT-Led Coalition
SMEs in the UK miss out on an estimated £5 billion in potential access to credit each year according to CFIT
Wio Bank Launches Wio Family, the UAE’s First Shared Banking Experience for Families
Wio Bank has launched Wio Family, the UAE’s first fully shared banking experience – and a movement that rethinks how families save, spend, and plan together
Intuit QuickBooks Goes Live with Open Banking in Australia, Powered by SISS Data Services
Intuit Australia (Intuit) has engaged SISS Data Services (SISS) as an outsourced service provider to facilitate open banking data feeds for Intuit’s QuickBooks customers across Australia.
Standing Against AI-Fueled Crime, VIALET and AMLYZE Call for Industry-Wide Coordination
The Black Friday season remains one of the peak periods for digital fraud, with statistics showing that 4.6% of all attempted e-commerce transactions during last year’s Cyber Five window were suspected to be fraudulent. In response to this escalating threat, VIALET and its financial crime prevention partner AMLYZE are joining forces by sharing intelligence, tracking industry signals, and equipping businesses with advanced tools to strengthen fraud prevention across the payments ecosystem.
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system—enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market
Tidalwave, an agentic AI-powered mortgage point-of-sale (POS) platform, today announced a $22 million Series A funding round led by Permanent Capital, with participation from D.R. Horton, Inc., the nation’s largest homebuilder, and a follow-on from Engineering Capital. This brings Tidalwave’s total funding to $24 million.
Emerging Market Opportunities: The Next Billion Customers | Freemarket, Fincra and Axiym | FF Virtual Arena #358
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Inside Citi’s AI Playbook: Curated Data and Transparent Decisions
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
WFIS 2025 – Indonesia: Countdown to the Nation’s Most Influential Digital Finance Gathering Begins
Indonesia’s audacious on-going attempts to merge technology with finance – in all imaginable aspects – to mobilize a tech-driven, digital-first financial ecosystem has, by its best measures, enabled the nation to hit a trillion-dollar GDP mark this year – the highest in its economic history.
Eleos Life Launches AI Voice Agent to Deliver 24/7 Customer Support
Eleos Life is proud to announce the launch of its innovative AI voice agent, designed to provide instant, around-the-clock assistance