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
To learn more about SS8 Networks, visit www.ss8.com
