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Network International taps Mastercard’s AI-led solution to combat fraud

By Delisha Fernandes

March 21, 2024

  • Cyber Threats
  • Digital Payments
  • Digital Transactions
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Network International

Network International has partnered with Mastercard to use its AI-powered Brighterion solution to protect merchants in the Middle East and Africa from fraud.

The two partners are leveraging the technology to protect and grow the payments industry by providing transaction fraud screening and merchant monitoring services to merchant acquirers and businesses.

“With the rapid evolution of the digital economy, fraud and cyber threats have also increased. In line with its commitment to provide capabilities and services beyond payments, Mastercard is harnessing the power of AI to build trust in the digital ecosystem. Our state-of-the-art fraud solutions help Network International safeguard their business, protect transactions, and take a forward-looking approach to mitigate the risks of today and tomorrow,” said Mete Güney, Executive Vice President, Services, EEMEA, Mastercard.

Mastercard’s AI capabilities give Network International an exceptional edge to protect itself, its merchants and its customers from growing fraud risks. Quick and easy to deploy, Brighterion monitors transactions for compliance, using machine learning algorithms that continuously update to keep up with fraudsters’ increasingly sophisticated techniques.

The two companies entered a strategic partnership in 2019 with the aim of accelerating the growth of digital payments in the Middle East and Africa and have since partnered to launch initiatives across the region, such as low-cost point of sale and ecommerce acceptance as well as solutions for commercial, FinTech and banking partners who are looking to issue cards.

“As the region’s leading payment solution provider, Network International works to create a safe and seamless purchase experience for merchants and consumers. We continue to explore the latest industry-leading technologies that enable us to secure digital transactions. With its wealth of expertise and best-in-class Fraud security measures, Mastercard is our trusted partner in reinforcing our defences,” said Sandeep Chouhan, Group Chief Operating Officer, Network International.

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