Tag: mobile money
Mobile Money Loans: Are RA Teams Ready?
Here are eight recommendations for any telco revenue assurance team confronting the risks of issuing loans via their mobile money service.
Zimbabwe Chokes Mobile Money; Poor Suffer Most
Unbanked Zimbabweans rely on mobile money but the central bank has banned mobile money agents and placed a tight limit on daily transactions.
Mobile Money vs Government: Zimbabwe’s Leading Mobile Money Service Resists Suspension
Zimbabwe's Information Secretary Nick Mangwana blamed telcos for "fraudulent generation of money".
Succeeding Too Much: Regulator Says MTN Ghana Dominates Mobile Money
MTN Ghana will not have succeeded without taking risks, raising a question about regulators punishing telcos for good decisions.
Zimbabwe Telco Insiders Accused of Using Mobile Money to Steal $69k
An employee of Econet created a SIM for a merchant account so he could use it to make payments to bogus agents.
MTN Ghana Educates Customers about Mobile Money Fraud
The #U4Know campaign focuses on four key security tips for customers.
Mobile Money Fraud Advice Issued by GSMA
The GSMA calls this 'best practice', but their advice is thin.
Study Blames Low Pay for Mobile Money Fraud in Ghana
It was also reported that some Ghanian mobile money operators have a lax control environment from top to bottom.
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.
Vodacom Tanzania Boss Charged with Fraud; Everything We Know So Far
Commsrisk expert Joseph Nderitu was also jailed. Tanzania's regulator has since kept silent; their case smells fishy.
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.
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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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