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Mobile money apps have transformed access to financial services in developing countries, converting cash to electronic value in real-time at registered retail locations.
But, remote fraudsters impersonating a subscriber device can cause devastating financial hardship for end customers, revenue loss and reputational damage for providers and mobile network operators, and lost tax income for governments.
Watch the recording where SS8 Location Product Manager Michael Gebretsadik and our Editor, Annie Turner, to discover how real-time location intelligence prevents mobile money fraud.
You will learn how to:
- verify a subscriber and registered agent or ATM are close enough for a mobile money transaction
- use geofences to monitor high-risk locations and ensure agents operate within designated areas
- identify SIM swaps, such as when fraudsters persuade an agent that the original device/SIM was lost or stolen
- support dispute resolution and investigations by determining a user’s location at the time of a transaction
Speakers
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(Host) Annie TurnerEditor, Mobile Europe & European Communications
Annie Turner is the Editor of Mobile Europe. She has researched and written about telecoms since the late 1980s in a number of roles — as editor of business titles including for International Thomson and The Economist Group, contributor to national newspapers such as The Times and FT, and as an analyst for Market Mettle and Current Analysis.
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Michael GebretsadikLocation Product Manager, SS8 Networks
Michael has worked in the telecommunication industry for the better part of two decades, in roles ranging from engineering to product management, and business development. He has been involved with location technology since 2003, when he joined SnapTrack (a Qualcomm subsidiary). Prior to joining SS8 in 2020, Michael was responsible for growing the global Location-Based Services business for Comtech Telecommunications through channel partners and IoT OEMs.