Security News > 2024 > March > Tazama: Open-source real-time fraud management

Tazama is an open-source platform focused on improving fraud management within digital payment systems.

Tazama marks a substantial transformation in the approach to financial monitoring and compliance worldwide.

Tazama challenges this status quo by providing a scalable, cost-effective alternative that democratizes access to advanced financial monitoring tools that can help combat fraud.

Tazama addresses critical concerns of government, civil society, end users, industry bodies, and the financial services industry, including fraud detection, AML Compliance, and the cost-effective monitoring of digital financial transactions.

Several organizations are exploring synergies with Tazama, including BankservAfrica, IPSL, JoPACC, and BCEAO. Synergies include an evaluation of Tazama's solution effectiveness, scalability, and adaptability in real-world scenarios, ensuring it meets and exceeds the diverse needs of Digital Financial Services Providers across various sectors.

The launch of Tazama signifies another stride towards securing and democratizing digital financial services.

News URL

https://www.helpnetsecurity.com/2024/03/07/tazama-open-source-real-time-fraud-management/