NEWS
Nigeria based Vigia selects ThetaRay AI solution for anti-money laundering
Mark Gazit
The Nigerian government has been driving efforts to move to a cashless society with several initiatives aimed at promoting digital payments including limits on ATM and government accounts .
VigiPay is a payment technology platform for cross-border remittances and online B2B payments in Nigeria and across Africa . It provides automated payment collection services , including POS terminals , for local and international payments and auto reconciliations to corporate and government organisations . and transaction transparency ,” said Oluseyi Oluwabusola , General Manager , VigiPay .
“ ThetaRay AI technology is instilling a new standard of trust into the growing world of online payments , enabling fintech rapid revenue growth by opening doors to business with new financial partners worldwide ,” said Mark Gazit , CEO of ThetaRay .
Oluseyi Oluwabusola
VigiPay , a Nigerian fintech providing digital payment services , and ThetaRay , a provider of AI-powered transaction monitoring technology , announced they will collaborate to protect VigiPay ’ s growing business against money laundering , sanctions violations , and other financial crime risks .
This allows the rapid discovery of both known and unknown money laundering threats , and up to 99 % reduction in false positives compared to rules-based solutions .
“ With the launch of an AI tool for transaction monitoring and screening , we will be able to close transactions with larger corporations all over the world that value automation processes
Vodafone Ghana partners with Lynk providing 100 % mobile coverage via satellite
Lynk , the world ’ s satellite-direct-tostandard-phone telecom company , announced it has signed its second commercial contract with Telecel Group in Africa to provide services to Vodafone Ghana ’ s subscribers . This new contract will provide mobile coverage to 100 % of Ghana ’ s population of 31 million inhabitants using Lynk ’ s cell-towers-in-space .
Lynk ’ s cell towers in space will enable Telecel Group to offer ubiquitous geographic coverage to over 6 million Vodafone Ghana subscribers and will be utilised for extending rural coverage , including Maritime Economic Zone , as a backup to ensure service resilience , continuity of IoT devices , and as a terrestrial tower replacement for underperforming , economical or technical towers .
Following the takeover of its majority shares by Telecel Group , Vodafone Ghana has leveraged the partnership between Lynk and
Telecel Group to provide innovative services and widespread mobile coverage across Ghana ’ s rural areas .
Vodafone Ghana is a provider of telecommunications services to consumers , corporates , and multinationals in Ghana . As the all-in-one communications solutions provider – offering mobile , fixed lines , internet , voice , and data services – Vodafone effectively serves a significant portion of the Ghanaian population .
With a strong focus on innovation and customer satisfaction , the company continually strives to enhance the quality and reach of its services , solidifying its position in the competitive telecommunications landscape .
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