Tag: mobile money
Regulating Telcos Like Banks, Ghost Accounts, SIM Swaps and Bananas: Episode 5 of The Commsrisk Show
The theme of our April 12 broadcast was the risk and regulatory implications of telcos providing financial services.
Has M-PESA Led to Half of All Kenyans Suffering SIM Swap Fraud?
No, but it is important to examine the prejudices that lead crime statistics to be amplified and exaggerated.
Billion-Dollar Lawsuit Claims Safaricom Should Be Regulated as a Bank
Critics say the Kenyan mobile money pioneer uses customer funds to cover overdrafts. These overdrafts also attract SIM swap fraudsters.
Using Mobile Money to Issue and Repay Loans
Ugandan fintech business Numida says that 99 percent of their loans are made using mobile money.
Will Blockchain Turn Mobile Money into a Pan-African Payment System?
An African mobile money interoperability firm will partner with providers of cryptocurrency tech for low-cost international transfers.
Government and Regulator Asks High Court to Scrap GVG National RA Contract with Lesotho
Government Minister Samuel Rapapa says Global Voice Group (GVG) was awarded its contract illegally.
Anti Corruption Bureau Halts Purchase of National Revenue Assurance System in Malawi
The Malawi Communications Regulatory Authority (MACRA) tendered for a replacement to the existing national RA system.
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.
New GVG National Revenue Assurance Tracking System Launched in Zimbabwe
Global Voice Group dominates traffic monitoring in Africa, but Zimbabwe's curbs on mobile money will interfere with their roadmap.
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.
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The Commsrisk Global Fraud Dashboard
Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.
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