Ghana’s Minister of Communication stated that regulatory monitoring was needed to protect customers from crime and also to identify the finance of terrorism.
If you enable somebody else’s business, you can also be held responsible for the mishaps that afflict them.
Mobile money has rapidly grown in popularity, especially in Africa. Nevertheless, there is a much more to come.
The member of the Kenyan government responsible for exploring blockchain technology has previously profited from his investments in Bitcoin.
African governments should be reducing the burden on their people by using mobile money to efficiently collect tax, instead of increasing their burden by taxing mobile money transactions.
Kenya is a leader in mobile money but its regulator has lost patience with telcos delaying the delivery of interoperability.
A new report says mobile biometrics will be worth USD50bn within 5 years, but we need societies to also consider the costs.
The Director of Ghana’s Cyber Crime Unit says fraudsters have attempted to defraud half of the country’s mobile money users.
The South African telco will authenticate postpaid subscribers by deploying fingerprint technology in all of their stores.
Trying to delay the adoption of a new technology like Bitcoin will not stop it, and may slow the management of its risks.