Pastel

Every lending company is familiar with the guy in the GIF below. The truth is, the risk of defaulting borrowers is quite familiar to the credit institution due to its inevitability. While there are known ways of managing credit risk, there are even better solutions which rely solely on data and the power of AI. How is AI revolutionizing Credit Risk Assessment in Africa? This article is your new best friend: https://lnkd.in/dNv-TzdE

You will kill your business slowly and surely by doing this one thing. Not Growing Refusing to innovate or get along with the trend will most likely knock you out of the competition. Yes, change is scary because it could either work in your favour or against it, but you stand to lose a lot more in the business world by remaining stagnant. Thankfully, we live in a world where our decisions don’t have to be dependent on intuition but on data. What’s the data saying about that innovation you’re yet to decide on? Is there a reason why most top companies have integrated AI into their services, operations, and business models? Is AI any good for securing your business’ transactions? Decide, but be sure to be on the right side of history. Still not sure if Sigma is a good fit for your business? Why not try a demo with us to check? Here’s a link to book a demo with our team of experts: https://lnkd.in/d5P9aNKU See you on the winning side of history. 

Your business may never recover from a one-time fraudulent attack. Even if they do, your customer perception may never be the same again. A one-time investment in a solution like Sigma to safeguard your transaction and auto-detect fraudulent activities or behaviour may be your most effective strategy for staying in business. Try Sigma today!

Cheers to the second half of the year!!! From all of us at Pastel Africa, we hope you crush your goals for H2

Imagine this scenario; you are transferring 1 Million to a person as the millionaire that you are, and just as soon as you hit send, your account is frozen. You call the bank and they say that their AI said you don't have that kind of money to send. Apparently, you are very popular in the 5k transfer category. How will you respond? Hold that thought? You are most likely questioning the effectiveness of AI in defending against fraud now. Is it that good a defense system against fraud? This blog post is for you: https://lnkd.in/gfD4uj-f

Protect Your Business with Precision Sigma’s AI-driven platform offers unparalleled real-time transaction monitoring, empowering your business to detect and prevent fraud effectively. Don’t let fraud disrupt your business. Embrace the power of Sigma and ensure every transaction is a step towards success. Contact us to get started!

What do you do if your business gets involved with money laundering? . . The Nigerian answer to that question is “God forbid”, and as most Nigerians hate to admit, God forbid is not a good security measure against anything. In this blog post, we’ll tell you why your business may want to shift its strategy from relying on good luck for dealing with risks that may or may not result in an incident, to taking strategic steps to ensure you are risk-proof. https://lnkd.in/d57w54x3

Why pay attention to something that doesn't affect you as a business, I mean it's just fraud. You see, we have a theory that most Nigerian Businesses don't count fraud as a threat. A theory we discussed in our latest blog post: https://lnkd.in/dnGt5zB6 We could be wrong, but considering the fact that most Nigerian businesses would rather bear the costs of fraud damages than defend against one, we think we have a real issue. But that's our perspective, we'd love to hear your takes on our theory. Let's hear your opinions in the comments

Why pay attention to something that doesn't affect you as a business, I mean it's just fraud. You see, we have a theory that most Nigerian Businesses don't count fraud as a threat. A theory we discussed in our latest blog post: https://lnkd.in/dnGt5zB6 We could be wrong, but considering the fact that most Nigerian businesses would rather bear the costs of fraud damages than defend against one, we think we have a real issue. But that's our perspective, we'd love to hear your takes on our theory. Let's hear your opinions in the comments

Ever heard of FaaS? No, not SaaS, FaaS- Fraud as a Service. It's a whole thing, and the experts say it's going to be a major contributor to fraud increase this year. We’ve compiled everything your business needs to know about FaaS and how to defend against it in this new blogpost. https://lnkd.in/dRtipnfR