Fraud

Topics related to identity and financial fraud

KYC Fraud Biometrics Identity verification Agency Banking

KYCKYC

+1+1

Issue 8 - Money Laundering in Remittances: Should Fintechs be Worried?

The growth of fintech in Africa has unlocked new opportunities for remittances, allowing millions to send and receive money with ease. However, this surge in cross-border transactions has also brought to light a serious concern: money laundering. Is this the next big challenge for Africa’s fintechs?

Emmanuel Agwu

FraudFraud

Issue 7 - Contactless Payments on the Rise: Should Businesses be Worried?

As with any new technology, the rise of contactless payments has also opened new avenues for fraud...

Emmanuel Agwu

FraudFraud

+1+1

Issue 6-Generative AI Scams on the Rise: What Does the Future Hold?

Cybercriminals are increasingly using deepfakes to impersonate CEOs and other high-ranking officials in "CEO fraud" schemes. In one notable case...

Emmanuel Agwu

KYCKYC

+2+2

Issue 3—2023 was arguably the worst year for banking fraud across Africa. Could secure digital identity be the solution?

2023 was the worst year for banks and financial institutions fighting fraud across Africa. How will they respond?

Hachi Onubedo

FraudFraud

+1+1

Issue 02—Agent Onboarding: The Overlooked Fraud Risk

While agent banking has improved financial inclusion and accessibility across Africa, it has also introduced fraud risks.

Peace Itimi