Network International, a leading fintech and digital commerce enabler in the Middle East and Africa, has announced a partnership with ADCB Egypt to launch the FICO® Falcon® Fraud Manager. The collaboration introduces a sophisticated analytics solution, powered by Artificial Intelligence (AI) and Machine Learning (ML), designed to deliver superior, real-time fraud detection for the bank’s customers.
AI-Powered Real-Time Protection
The FICO Falcon solution enhances security by crating a unique behavioral profile for every customer. By analysing millions of transactions in real-time, the system can instantly identify and block potentially fraudulent activity across all digital touchpoints. This proactive approach safeguards accounts and ensures a secure, seamless user experience.
This deployment is a key part of Network’s Enterprise Fraud Prevention initiative in Egypt, representing a first-of-its-kind effort to protect the country’s growing digital financial landscape.
A Strategic Partnership For Regional Security
The partnership underscores a commitment from both organisations to elevate security standards and customer experience in the Egyptian market.
Dr. Reda Helal, Group Managing Director – Processing, Africa at Network International, said, “The go-live of the FICO fraud solution underscores ADCB Egypt’s impact on the market by providing best-in-class digital customer experiences enhanced by operational efficiency. This partnership demonstrates Network’s commitment to delivering innovative, secure, and scalable payment solutions across the region.”
Alexandre Graff, Vice President of Global Partners & Alliances at FICO, added, “Fighting fraud is a critical priority in Egypt. FICO Falcon Fraud Manager is the leading AI-powered solution in this space, protecting 4 billion payment accounts worldwide. We are proud to partner with Network International and ADCB Egypt as they give Egyptian credit grantors the power to stop fraud faster, reduce friction in the customer experience, and safeguard consumers’ financial health.”
Network International and FICO have been collaborating since 2017, merging FICO’s technology-driven solutions with Network’s deep expertise in regional digital payments to strengthen fraud prevention across the MENA region.
About Network International
Network International is a leading enabler of digital commerce across the Middle East and Africa (MEA) region, providing a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes. The company is dedicated to fostering innovation and driving the shift from cash to digital payments across its markets.
Source: Fintech News Middle East
