ReD Delivers Fraud Prevention in Africa, Middle East with EMP
Nov. 17, 2014
London-based antifraud technology provider ReD, acquired in July by ACI Worldwide, recently unveiled a partnership with The Emerging Markets Payments Group (EMP) to offer protection against e-commerce fraud in the Middle East and Africa. Under the agreement, EMP will make ReD’s antifraud technology available to its roster of 130 banks and 30,000 merchant clients in the two regions.
Manish Patel, ReD’s regional president for EMEA, said: “We are seeing rapid change, innovation and growth in the Middle East and Africa payments industry – and we are delighted to be partnering with EMP Group to help banks and merchants take advantage of these new opportunities in a cost-efficient and secure manner.”