Nigerian data science startup Voyance has launched Sigma, a fraud monitoring platform for fintech companies that aggregates data in order to block fraudsters. Launched in Lagos in late-2019, Voyance is a data science company that builds innovative solutions to help companies extract value from their data. Its product suite includes a machine learning and data wrangling platform currently piloted by banks and fintechs. The company, which is currently backed by a private angel investor and Magic.fund, has just added a new product to its suite – Sigma. A fraud graph database platform, Sigma helps fintech companies in blocking known fraudsters from performing activities on their platform. Contributing companies in the Sigma alliance can submit known fraudster identifiers like BVN, phone number and more, which enables others in the alliance to lookup an identifier in the graph database. All data submitted to the graph database is anonymised.
SOURCE: DISRUPT AFRICA
More Stories
Las Vegas Resident Enjoys a Three-week Adventure through Egypt
Traveling along Namibia’s Skeleton Coast
Key Appointment in Promoting Conservation as an African Growth Sector
A Travel Destination to Appeal to Everyone: Lake Malawi
Off-season Adventuring to Stretch the Safari Season
“African Proverbs for All Ages” by Johnnetta Betsch Cole and Nelda LaTeef
How a Wildly Popular Fashion Trend That Dominated Stone Age African Civilizations Suggests a 50,000-Year-Old Social Network
Wizkid, ElGrandeToto, Zuchu…Who Are the African Stars Exploding on YouTube?
Madelyn Bonilla: The AfroLatina Example Her Younger Self Needed
Transformative Architecture
Holding Thumbs for Kenya’s Miracle Birth
New Infrastructure Project Puts Government and Residents at Loggerheads