Tag: Visa

Visa and Switch Al Maghrib join forces to fight payment fraud in Morocco

Morocco is moving to strengthen its digital payments system, as Visa and Switch Al Maghrib (SWAM) announce a partnership aimed at reducing electronic payment fraud. The collaboration uses artificial intelligence to detect suspicious activity, reflecting the country’s push to make cashless transactions safer and more reliable.  Over the past few years, electronic payments in Morocco have grown steadily. Rising consumer…

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Visa teams with Bank of Abyssinia to drive Africa digital finance

Global payments company Visa Inc. is deepening its presence in East Africa with a renewed agreement with Bank of Abyssinia, a move aimed at widening access to digital payments in Ethiopia.  The deal comes at a time when Ethiopia’s financial system is changing quickly. More people are using smartphones, regulators are opening the sector, and businesses are looking for faster,…

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