GVG Wants Africans to Have a Digital Identity So It Is Easier to Tax Them
Siphoning money from stealth taxes on voice is only an intermediary stage in the business plan for Global Voice Group (GVG).
Welcome U-Turn Sees 43% Cut to Tanzania’s Mobile Money Tax
Other governments should also seek to learn from Tanzanian policies that backfired.
MTN Nigeria Subsidiary Demands Banks Return $54mn of ‘Wrong’ Mobile Money Transactions
Usoro Usoro, CEO of MoMo Payment Service Bank, submitted a court affidavit about 700,000 improper transfers to 18 different banks.
Saying African Telcos Are ‘Inadequately Prepared’ for Mobile Money Fraud Smacks of Unconscious Racism
The Head of Communications at SAS Institute sees no problem with a wild generalization about Africans and crime.
AML Compliance for High-Growth E-wallet Markets
Mobile money and online payment services have driven the rapid rise of e-wallets, forcing businesses to deploy dynamic technology to tackle money laundering.
Cities of Gold or the Final Meltdown? Nobody Can Predict the Future of Bitcoin
Is it brave or foolish to seek USD1bn to build a Bitcoin City? Risk can be hard to evaluate but there are also downsides to doing nothing.
Zimbabwean Government Keeps Crushing Mobile Money
Mobile services that allow ordinary Zimbabweans to escape inflation by exchanging money into US dollars are being shut down.
Central African Republic Becomes Second Country to Accept Bitcoin as Legal Tender
They follow the lead of El Salvador, but have different motives for wanting to reduce reliance on currencies controlled by the West.
Ghana’s Telcos Collectively Block 28,000 SIMs in Common Bid to Stop Mobile Money Fraud
Tricky fraudsters deliberately misspell their messages in the hope of evading automated filters.
Is El Salvador’s Bitcoin Experiment Mad, Bad or Genius?
US politicians and the IMF have doubts about El Salvador using bitcoin as legal tender but they should consider how much poor people spend on transferring money between countries.