Anti-Fraud Project Boosts Security of African, Asian Financial Systems

The report profiles Tazama, an open-source real-time financial fraud detection platform funded by Linux Foundation Charities and the Gates Foundation, built to help underserved financial institutions in Africa, Asia, and the Middle East detect and block fraudulent transactions. It highlights pilots in Jordan and South Africa, collaboration with the Central Bank of West African States and rural banks in the Philippines, the platform’s 270+ rules organized into typologies, real-time throughput (~2,300 TPS), machine learning/behavioral modeling, and plans for explainable AI to simplify adoption and operations.