Visa and the Mojaloop Foundation have announced a collaboration aimed at boosting fraud prevention and risk mitigation in the digital payments landscape.
The partnership will focus on practical deliverables through product training, knowledge sharing, market development, and ecosystem engagement. A key initiative is the integration of Visa’s Account-to-Account (A2A) Protect solution as a dedicated service offering on the Mojaloop platform.
- Visa’s A2A Protect adds a crucial security and risk management layer designed to safeguard real-time bank account payments.
- By preventing fraud and ensuring transaction integrity across open-loop networks like Mojaloop, this integration will strengthen trust and stability in real-time payment systems.
Furthermore, Visa will actively participate in Mojaloop convenings, engaging directly with national hub operators and central banks utilizing the platform. Both organizations will also co-lead industry events and thought leadership initiatives to promote best practices and innovation in secure digital payments.
“This collaboration marks a significant step forward in our mission to make digital payments safer and more inclusive for everyone,” said Joanne Kubba, Senior Vice President, Government Affairs CEMEA, Visa. “By combining Visa’s advanced fraud prevention technology with Mojaloop’s open-source platform, we are helping build trust and resilience in instant payment systems globally.”
Paula M. Hunter, Executive Director, Mojaloop Foundation, commented, “We are excited to add Visa to our list of service providers, alongside other partners, giving countries a range of options to strengthen fraud mitigation in Mojaloop-based implementations. Prospective adopters of the Mojaloop platform have consistently cited fraud risk as a key concern. This partnership ensures that Mojaloop adopters can choose from multiple fraud prevention solutions, including Visa’s A2A Protect, to support the secure adoption of digital payments in emerging markets.”
Visa has invested $12 billion over the past five years in fraud prevention technologies. This includes building AI-powered platforms and partnering with advanced solutions like A2A and Featurespace for real-time risk scoring and behavioral analytics. According to the company, these efforts have helped block an estimated $40 billion globally in attempted annual fraud.