Case Study

Helping AFB to implement a fully managed lending solution

Helping AFB to implement a fully managed lending solution

Pages 2 Pages

A FB Helping AFB to implement a fully managed lending solution, increase security and reduce nancial loss resulting from fraudulent claims against their credit cards. Who AFB is a consumer nance company providing retail credit cards to over 15,000 customers across Africa. Liquid Telecom Payments implemented an end-to-end Managed Service Solution and helped signicantly reduce fraud with the use of Biometrics. The Challenge AFB provides own-brand and co-branded closed loop credit cards. After the successful integration of our Managed Service Solution into their lending system, we were able to detect two types of fraud; application fraud, where end-users applied for multiple accounts using fake identities; and transaction fraud, where customers repudiate transactions on their cards. Both w

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