Safaricom API Warns Banks about SIM Swaps
Banks and other businesses can safeguard against account takeover fraud by checking if a customer’s SIM has recently been replaced.
Thefts Force Suspension of Jap Mobile Payment Service on Third Day after Launch
Criminals took control of 900 accounts for a new payments app from the Japanese operators of 7-Eleven convenience stores.
Staff Steal Millions from Airtel Mobile Money
The prospectus for the Airtel Africa listing on the London Stock Exchange revealed large internal frauds in Kenya and Niger.
Three UK Partners with Callsign for Banking Verification
The partnership will use the telco’s data to better protect customers from banking frauds.
Making Cryptocurrency Secure
There are ways to improve the security surrounding of cryptocurrency, but legislators cannot fathom them.
Uganda U-Turn: Mobile Money Tax Is Halved
President Museveni said the 1 percent tax on mobile money withdrawals was a known ‘error’, but approved that law anyway. Now his government has cut the tax to 0.5 percent.
Mobile Money Risk Special for Global TV Network
CGTN interviewed Commsrisk authors Joseph Nderitu and Rob Chapman about mobile money fraud and what telcos are doing to prevent and detect it.
Mobile Money Taxes: Aping the Inept
Zimbabwe has raised taxes on mobile money and electronic transactions. There are better ways to stimulate a developing economy.
GSMA Unveils Regulatory Index for Mobile Money
The new index will measure the regulatory environment in each country by assessing it against six categories including consumer protection and know your customer requirements.
Gutting the Goose that Lays the Golden Egg
Kenyan President Uhuru Kenyatta wants a 67 percent increase of taxes on mobile money transactions.