Case Study: BORICA AD achieves real-time fraud protection at national scale with IBM Safer Payments

How BORICA protects Bulgaria’s payment ecosystem with IBM Safer Payments

BORICA AD, Bulgaria’s national payment operator, needed to stop increasingly fast, automated fraud across its card and digital payment ecosystem without slowing legitimate transactions. Traditional rule-based controls could not keep up with the scale and speed of the threat, so BORICA turned to IBM Safer Payments to support real-time, sub-10ms fraud decisioning.

IBM and implementation partner IBS deployed IBM Safer Payments as a centralized, multi-tenant fraud prevention platform integrated directly into BORICA’s payment workflows. The result is protection for 70%+ of domestic card transactions, support for 16+ banks and PSPs, and processing of 4,000+ transactions per second with sub-10 millisecond latency, giving BORICA scalable, real-time fraud and AML controls at national scale.

BORICA AD

Albena Petkova

Director of Financial Fraud Prevention Services