Vancouver-based payments monitoring and fraud prevention company Inetco has appointed long-time IBM leader Eren Ramdhani as its new chief product officer. The hire comes as the company sharpens its global growth ambitions — and as one of South Africa’s largest banks adopts Inetco’s real-time fraud prevention technology.

Ramdhani, who spent more than two decades working in information security, fraud prevention, and enterprise strategy, brings a resume that stretches across some of the world’s biggest institutions. At IBM South Africa, he acted as a strategist and evangelist to Nedbank’s Group Technology Executive Leadership team, effectively serving as the bank’s CTO on IBM’s behalf. Over the years, he’s also guided financial giants like Standard Bank, ABSA, and FNB, while advising public-sector heavyweights such as the South African Revenue Service and the South African Reserve Bank.

For INETCO, the hire signals a push to pair deep technical leadership with a market that’s hungry for tools to stop increasingly sophisticated fraud.

“Eren’s deep understanding of financial services security and his ability to shape transformational product strategies will be pivotal as we continue to strengthen our global leadership in real-time fraud detection and prevention,” said INETCO founder and CEO Bijan Sanii, in a statement.

That momentum is already showing up abroad: African Bank, a leading South African financial institution, has deployed the company’s BullzAI product from its NCR Atleos Suite to enhance its fraud prevention infrastructure and strengthen digital trust across payment channels. The rollout gives the bank the ability to detect and block fraud in real time — a shift from the reactive models most financial institutions still rely on.

For Inetco, the moves add up to a clear signal: this Vancouver company is playing on a global stage, with leadership and technology designed to meet fraud where it happens.