Arab African International Bank, or AAIB, said it has deployed IBM’s Safer Payments platform through a partnership with IBM and TECH-HUB. The move is aimed at strengthening the bank’s digital payment security and fraud prevention capabilities. According to the brief carried by Techub News and attributed to Finextra’s crypto channel, the platform is designed to help banks detect and prevent payment fraud in real time. The announcement centers on the rollout itself and the platform’s intended use in live fraud monitoring across payment flows. No additional implementation details, financial terms, or deployment timeline beyond the announcement were disclosed in the source text.
Arab African International Bank (AAIB) said it has deployed IBM’s Safer Payments platform in partnership with IBM and TECH-HUB to strengthen its digital payment security and fraud prevention capabilities.
The platform is intended to help banks detect and prevent payment fraud in real time, according to Techub News, citing Finextra’s crypto channel.
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