ADIB strengthens fraud management capabilities with SAS and Microsoft

Cloud-based SAS solution on Microsoft Azure offers a leading Middle Eastern bank proactive protection through advanced analytics and AI

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reinforced its cloud-based fraud management technology in collaboration with industry leaders SAS and Microsoft. The new solution, powered by SAS® Fraud Management on Azure, enables the bank to better detect, prevent and manage enterprise-wide fraud events on a secured single platform. The significantly reduced deployment period also delivered a quicker time to value. 

The SAS Fraud Management solution, powered by Microsoft Azure, supports all channels and payments. It empowers ADIB to meet today’s most sophisticated and evolving financial and regulatory compliance requirements, balanced with uncompromised customer experience. As ADIB continues its cloud-first strategy adoption and accelerates migration of critical workloads to Microsoft Azure, the fraud management solution will allow ADIB to identify, detect and mitigate fraudulent behavior in real time and at scale.

“ADIB operates in a risk-heavy environment, and our threat management solution needs to be integrated across systems, portfolios and departments and able to instantaneously uncover new and complex fraud schemes,” said Mamoun AlHomssey, Chief Information Officer of ADIB. “With the AI-powered fraud detection offered by SAS and the scalable cloud platform of Microsoft Azure, we now can proactively identify emerging threats and automatically suggest new rules and scenarios in real time, further reducing our risk from exposure to fraud, waste and abuse. We are more confident of our threat preparedness in collaboration with industry leaders, SAS and Microsoft.”

“We saw over the past period that financial institutions in the UAE have significantly focused on enhancing their digital technologies in response to changes in consumer behavior and increased online activities,” said Michel Ghorayeb, Country Manager of SAS UAE. “ADIB was at the forefront of this transformation, which made them a target to fraudsters and malicious actors and imposed the necessity to adopt a sophisticated, end-to-end, real-time fraud solution, enabling the bank to anticipate, protect against, and prevent fraud – and to instantly respond to new threats as they arise.”

In the span of six months, ADIB achieved an essential layer of protection on Microsoft Azure, backed by SAS’ domain expertise. The SAS Fraud Management solution was configured to the bank’s needs using world-class, anti-fraud analytics with embedded artificial intelligence techniques to safeguard the organization’s reputation and bottom line.

“With this digital transformation, ADIB was able to simplify IT operations, automate decisions and prioritize investigative efforts on a scalable, secure and efficient cloud platform,” added Sayed Hashish, General Manager of Microsoft UAE. “This is a testament to the increasing trust that major enterprise customers are placing in a shift to a cloud environment, a trend we have seen accelerate as more organizations advance on their digitization journeys.”

To learn more about how SAS and Microsoft are partnering to help organizations around the world meet their business goals and drive innovation, please visit sas.com/Microsoft.

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AI-powered SAS Fraud Management, deployed on Microsoft Azure cloud, enables Abu Dhabi Islamic Bank (ADIB) to identify, detect and mitigate fraudulent behavior in real time and at scale.