Global
Feedzai Financial Crime Report: 23% increase in online fraud
Financial crime management platform Feedzai has released its most recent Financial Crime Report, stating that online fraud has increased 23% as cashless payments take centre ...
Intelligence
Nigeria: POS transactions in Nigeria hit N4.1 trillion in 8 months
The POS transactions hit its highest levels for any eight-month period, increasing by 44.8% and 108% compared to N2.81 trillion and N1.96 trillion recorded in ...
Intelligence
Nigeria’s pension fraud hits N157bn — EFCC
Economic and Financial Crimes Commission, Tuesday disclosed that the Anti-graft agency has convicted pension frauds to the tune of N157 billion. Director of ...
Intelligence
Nigeria: Domiciliary account balances estimated at $16 billion
We assumed an official exchange rate of N410/$ based on NAFEX rate used at the Investor and Exporter window. Nigeria has an estimated ...
Ghana
Ghana: Mobile money far surpassed cheque transactions by massive ¢522.9 billion in 8 months
Ghana mobile money transactions for the first eight months of this year far exceeded cheque transactions by a massive ¢522.9 billion. This is ...
Global
Global: 50% of Consumers Use Mobile Wallets to Send X-Border Remittances
Cross-border transactions are picking up steam, especially amid the pandemic. As many as 32% of cross-border remittances are sent to friends and family ...
Intelligence
SA: Digital banking fraud rises 33% in South Africa
The South African Banking Risk Information Centre (SABRIC), has released its annual crime statistics which showed that in 2020, digital banking fraud increased ...
Intelligence
Nigeria: NIN database hits 64.4 million in September – DG NIMC
Nigeria’s national identification number (NIN) database surpassed 64.4 million in September 2021. This was disclosed by Engineer Aliyu Aziz, director general, National Identity ...
Intelligence
Nigeria’s e-security ranks top 50 globally, best in Africa ― Report
Nigeria’s e-security has been ranked among the top 50 worldwide, better than any other African country according to a report. South Africa, well-known ...
Global
Brazil: Check Point Research detects cyber-attacks against the users of PIX Payment System
Check Point Research (CPR) has detected cyber-attacks against the users of PIX, the instant payment solution created and managed by the Central Bank of Brazil. The ...
