Fraud in Mobile Financial Services
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Fraud in Mobile Financial Services

The rapid growth of mobile financial services (MFS) has facilitated access to cheap and reliable financial services to an ever increasing formerly unbanked population segment. Innovative mobile money services like M-Pesa in Kenya and Tanzania have grown into major payment services that move billions of dollars annually. Unfortunately, MFS have also rapidly become a conduit…

What is a Financial Risk?
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What is a Financial Risk?

Financial risk is the possibility that shareholders or other financial stakeholders will lose money when they invest in a company that has debt if the company’s cash flow proves inadequate to meet its financial obligations. When a company uses debt financing, its creditors are repaid before shareholders if the company becomes insolvent. Financial risk also refers to the…