Business News of Wednesday, 3 May 2017Source: Starrfmonline.comMTN declares war on Mobile Money fraudMobile Money fraud is on the rise in Ghana. Mobile Telecommunications giant MTN has declared war on Mobile Money fraud in Ghana. MTN, according to the General Manager Mobile Money Limited, Eli Hini, has over the years experienced a few setbacks related with fraud and that they are customer related. MTN in 2009 launched the Mobile Money services to provide efficient means of making financial transactions through mobile devices—over time inculcating more innovative services to the platform including payment options (school fees, bills etc. On his part the Principal Consultant at E-Crime Bureau, Albert Antwi-Bosiako said the situation demands that “we assess our cyber infrastructure as a counter mechanism.”

Source: GhanaWeb May 03, 2017 15:11 UTC