Three financial services firms, BlueSPACE, INETCO and Sumsub, have jointly rolled out an advanced artificial intelligence solution for banks and financial institutions called TrustNET.

The platform delivers what the firms describe as a powerful end-to-end framework for secure, compliant banking.

The TrustNET platform offers a comprehensive suite of next generation capabilities designed to meet the evolving regulatory demands of the West African region.

These include automated identity verification for individuals and businesses to orchestrate Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) onboarding workflows that adapt instantly to evolving regulatory requirements.

By integrating Sumsub’s world-class identity verification and compliance orchestration, INETCO’s real-time payment fraud prevention and transaction monitoring, and BlueSPACE’s deep regional expertise in financial technology integration, the alliance provides a modern solution that secures the entire digital payments journey.

Speaking at the launch of TrustNET at the Kempinski Hotel Gold Coast City in Accra today, CEO and founder of BlueSPACE, Samuel Amanor, noted that this represents a pivotal moment in financial integrity in West Africa.

He said that "by combining our deep local market insights with global AI innovation from INETCO and Sumsub, we are bolstering the security and integrity of Ghana and the broader West African financial ecosystem."

Mr Amanor stated that financial institutions across West Africa can now leverage TrustNET to satisfy stringent onboarding compliance, modernise payment fraud defence and build lasting customer trust.

He added that "this alliance empowers regulators and banks to fight increasingly sophisticated financial crime while fostering greater financial inclusion".

The launch brought together senior banking leaders, CIOs, CISOs, heads of compliance and fraud risk executives to explore the future of AI-driven financial integrity in Ghana.