Adhere by Smartcomply, Africa’s pioneering force in intelligent fraud detection, has partnered with Mastercard to boost financial security and compliance by offering financial institution streamlined and real-time threat neutralisation.
The pivotal partnership, initiated through Adhere’s selection as a Mastercard Engage partner, underscores Adhere’s proven excellence in developing sophisticated, adaptive solutions, meticulously crafted to combat the evolving challenges of financial fraud across Africa and, critically, now poised for global impact.
Mastercard’s Engage program carefully selects proven industry leaders whose solutions significantly enhance security, streamline compliance, and deliver exceptional customer experiences.
Adhere’s inclusion recognises its standout achievements in leveraging advanced artificial intelligence to address complex fraud threats unique to emerging markets, according to the organisation.
“This partnership with Mastercard isn’t merely an endorsement; it’s a profound validation of our vision to redefine fraud prevention globally,” said Gbemisola Osunrinde, CEO of Smartcomply said in a statement.
“We’ve meticulously engineered our AI to tackle the most complex fraud challenges, first in Africa, and now, with Mastercard, we are poised to extend that same unparalleled security and trust to financial ecosystems worldwide,” Osunrinde noted.
“This collaboration is a powerful testament to African innovation leading the charge on a global scale,” she added.
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She says that in an era where traditional fraud detection methods struggle against increasingly sophisticated threats, her organisation’s AI-driven approach stands apart.
Unlike conventional tools, she noted that Adhere continuously learns, swiftly identifies anomalies, and proactively neutralises threats in real-time.
“This capability, developed and perfected within the dynamic African financial landscape, ensures robust protection that traditional systems simply cannot match.”
“Through this collaboration, financial institutions partnering with Mastercard now gain streamlined access to Adhere’s market-proven solutions, significantly strengthening their defense against fraud and compliance risks.”
“The partnership also highlights the global relevance of African-born technological innovations, affirming Adhere’s role as an essential contributor to global best practices.”
Joining the Mastercard Engage network is a major milestone for Adhere, enhancing its capability to support banks, fintechs, and financial institutions across multiple continents with unmatched accuracy, security, and speed in fraud prevention.
