Digital fraud surges to 88%: The hidden security crisis chilling cross-border finance

T2Covered by 1 source · first reported by Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn at 03 Nov, 13:33 UTC

Nearly half of the financial institutions surveyed across 20 African countries are prioritising growth at home. As banks and fintechs report rising digital fraud, only 11% of surveyed institutions are connected to Africa’s flagship cross-border payments network, PAPSS.

fintech

Sources

• T2Digital fraud surges to 88%: The hidden security crisis chilling cross-border financeAfrica: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn03 Nov, 13:33