MobiFin, a leading provider of unified digital banking and payment solutions, has entered into strategic partnership with INETCO, an innovative real-time transaction monitoring and fraud prevention company.
INETCO has established a significant global footprint by implementing its innovative solutions across more than 27 nations, serving some of the most prominent financial powerhouses worldwide. The company’s reach extends to numerous international markets, where its cutting-edge technologies have been successfully integrated into the operations of leading banking and financial entities.
The powerful partnership between MobiFin and INETCO will enable financial institutions to maximize the security of their digital banking services while providing a seamless, unified digital banking and payment experience to the customers.
INETCO’s BullzAI platform harnesses the power of sophisticated artificial intelligence and instantaneous transaction surveillance to swiftly and precisely identify and thwart financial crimes, including money laundering, fraudulent payments and cyber intrusions. This advanced system seamlessly integrates with MobiFin’s electronic Know Your Customer (eKYC) features, such as three-dimensional live image capture, biometric authentication, geolocation tracking, text recognition technology and digital customer consent signatures.
Operating in concert with MobiFin’s comprehensive platform, BullzAI conducts ongoing, real-time analysis of transactions to flag any questionable activities. It also proactively addresses potential vulnerabilities in user security protocols, bolstering anti-fraud defenses, and bridging compliance gaps before they evolve into significant threats.
“The rise of digital banking has unfortunately been accompanied by increasing levels of fraud and financial crime,” said Tanishq Juneja, Chief Growth Officer at MobiFin. “Our partnership with INETCO allows our customers to confidently grow their digital services, knowing they have BullzAI, the most cutting-edge fraud prevention and security technology on their side.”
The partnership brings together MobiFin’s expertise in digital banking and payment platforms and INETCO’s advanced capabilities in AI-powered fraud detection, anti-money laundering (AML) compliance and cyber threat prevention.
“We are thrilled to partner with MobiFin to bring our fraud prevention innovations to their global customer base,” said Stacy Gorkoff, Chief Growth Officer, INETCO. “Together, we empower financial institutions with the tools they need to fight financial crime without adding friction to the digital customer journey.”
The two companies will work closely together to continuously enhance digital banking and payment solutions to stay ahead of the evolving threats. By leveraging the power of INETCO BullzAI, MobiFin is able to offer enhanced safeguards against a wide array of threats, illicit activities and attacks such as:
- Identity theft and account takeovers
- Payment fraud (transaction reversals, injection attacks, fake transactions, cash-out scams, field message tampering)
- Malware attacks (man-in-the-middle attacks)
- AML transaction monitoring violations
- Cyber-attacks (BIN attacks, botnet attacks, credential stuffing, DDoS)
Download the solution sheet to learn how MobiFin and INETCO are protecting payments from fraud and cyber-attacks while providing a seamless, unified digital banking and payment experience.
The MobiFin-INETCO solution is available immediately to financial institutions worldwide.
About INETCO
INETCO builds smart technology that makes real-time transaction data easily accessible for fraud prevention, operational efficiency and customer journey insights. Over 2.5 billion transactions are processed through INETCO solutions every month, helping financial institutions improve stability, security and value. INETCO is trusted by 6 of the world’s leading payment processors.