Mobile money could be a silver bullet

Mobile money is shaping up to be one of the most exciting areas in mobile communications, and is quickly transforming the way in which consumers and enterprises transact. Mobile network operators (MNOs) are taking advantage of the growing popularity of mobile money to...

Money often gone for good with online fraud

More than half of the South African respondents in a recent survey by Kaspersky Lab and B2B International who lost money in fraudulent online transactions failed to get all – or in some cases, any – of their money back. Although many financial institutions state a...

Pre-paid cards complement m-pesa

Gemalto has deployed prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa. The card is certified by the major international payment schemes and accepted at any of the 240 000 EMV-compliant payment terminals and more than 27...

Online retailers are their own worst enemy

As retailers count the cost of credit card fraud after the holiday season, payment services provider PayGate says the new year is a good time for e-commerce businesses to improve their protection. “International credit card fraud does happen, but the reality is that...

UK drops HP/Autonomy investigation

The Senior Fraud Office (SFO) in the UK has dropped the investigation into HP’s $10-billion acquisition of Autonomy, which took place two years ago. Bloomberg News reports that the SFO closed the investigation yesterday saying it found “insufficient evidence for a...

Security predictions for the year ahead

Sophos has released its Security Threat Trends 2015 report that exposes the biggest security risks on the horizon and explains the real-world impact of evolving cyber threats on businesses and consumers in the new year. The full report highlights the following 10...