insert_link Local Bank Windhoek launches mass market solution, Selekt Red Recognising hard-working individuals of all ages and diverse cultures who want to lead better lives and aspire to success, Bank Windhoek will launch the Selekt Red offering on Friday, 20 September 2024. The launch of Selekt Red is the Bank’s value proposition within Namibia’s retail mass segment, emphasising that the Bank is mindful of Namibians and their financial challenges and needs. Backed up by the Bank’s research with […] todaySeptember 19, 2024 3
insert_link Africa Hustle academies: west Africa’s online scammers are training others in fraud and sextortion By Suleman Lazarus, London School of Economics and Political Science and Mark Button, University of Portsmouth As the world becomes increasingly connected, digital fraud has evolved from a local problem into a global one. West Africa, particularly Ghana and Nigeria, is witnessing the rise of “hustle kingdoms” – informal academies that train individuals to carry out digital scams. The term “hustle kingdoms” originated from online scammers themselves, used […] todaySeptember 12, 2024 15
insert_link Business / Economics Average Number of Suspected Digital Shopping Fraud Attempts During Start of Festive Shopping Season in Namibia Up 19.5% Compared to Rest of 2023 TransUnion (NYSE: TRU) released new findings today highlighting e-commerce fraud that occurred during the start of the 2023 holiday shopping season, from the Thursday before Black Friday to Cyber Monday. Based on proprietary insights from TransUnion’s global device risk consortium, the average number of suspected digital fraud attempts on any given day during that holiday period where the consumer was located in Namibia during the transaction, was 87.5% higher than the […] todayDecember 7, 2023 16
