FNA joins the Mojaloop Foundation’s newly launched Global Partner Program
FNA is proud to join the Mojaloop Foundation’s newly launched Global Partner Program, an initiative focused on accelerating financial inclusion through inclusive instant payment systems (IIPS, joining organizations such as AfricaNenda, Global Legal Entity Identifier Foundation (GLEIF), and Modular Open-Source Identity Platform (MOSIP) for the initiative.
As a partner, FNA has signed a Memorandum of Understanding (MOU) with the Mojaloop Foundation to help ensure that the growth of these systems is accompanied by robust fraud prevention capabilities.
“As Instant payment systems expand, it is crucial to ensure they remain secure and resilient. Our partnership with the Mojaloop Foundation will equip the financial system with advanced AI tools to detect and prevent fraud and recover stolen funds for victims, safeguarding financial ecosystems and the communities they serve.” FNA Founder and CEO, Dr Kimmo Soramaki, commented.
FNA will work with the hub operators implementing Mojaloop to support the development of Fraud Portals, which will assist financial institutions, law enforcement, and other stakeholders in their fight against fraud and scams.
