Vodafone Fiji Report November 2024 | Page 13

Vodafone Fiji partners with notable payment networks including MasterCard
“ We do transaction monitoring , customer due diligence , customer risk profiling and business risk profiling . It enhances our capability to detect and prevent financial crime in real time and brings a new level of accuracy , transparency and efficiency to detect fraud and complete risk management ,” Deepak says .
“ It provides reasoning behind each flag alert , which does most of the heavy lifting for our compliance team . Instead of being reactive , we are now proactive .”
Hawk ’ s technology also helps to safeguard Vodafone Fiji customers ’ transactions and ultimately work to mitigate potential risks and maintain integrity within the M-PAiSA ecosystem .
“ This collaboration has made us commit further to the people of Fiji and our subscribers , especially the subscribers of M-PAiSA . We are providing a safe and secure and trusted digital financial service to them ,” Deepak adds . “ We want to enhance their resiliency against sophisticated crime , which allows us to offer confidence to the regulatory authorities as well . We have been able to level up our game in the financial crime area .”
A new era of mobile banking In addition to Hawk , Vodafone Fiji boasts a range of partners across its ecosystem – including MasterCard Networks . The organisations collaborated to launch a debit card product through MasterCard , making Vodafone Fiji one of the first nonbank organisations in the Pacific region to issue a scheme card . vodafone . com . fj 13