Visa is collaborating with the Mojaloop Foundation to integrate advanced AI-powered fraud prevention tools into the Mojaloop open-source platform. This partnership aims to secure instant digital payments, particularly in Africa and other emerging markets, addressing a major concern for financial inclusion.

• Visa’s Account-to-Account (A2A) Protect solution, which uses AI and real-time risk scoring, will be integrated into the core Mojaloop platform.
• Visa has invested $12 billion in fraud prevention over the last five years, claiming to block $40 billion in attempted fraud globally annually.
• The collaboration also involves product training, knowledge sharing, and engagement with central banks and national hub operators implementing Mojaloop.
• Paula M. Hunter, Executive Director of the Mojaloop Foundation, stated that fraud risk is a key concern for prospective adopters, and this integration provides choice for users.