October DojahDigest | Dojah partners with Bondly, Cleva, and Onye | EasyOnboard product updates
Hey Digester,
Last month, we launched the EasyDetect 10k fraud-free transactions program to help early-stage and growing startups perform transaction fraud monitoring for up to 10,000 transactions monthly at no cost. Fill out this form to apply and take advantage of this offer.
This month:
- The BVN and Loan Fraud webinar
- Dojah partners with Bondly, Cleva, and Onye
- EasyOnboard product updates: advanced identity verification customization
Learn how to protect your finances and fight BVN and loan fraud
We had an awesome time with fintech and fraud prevention experts from Cowrywise, Dojah, and VFD Microfinance Bank. Watch the webinar recording to learn how to stay one step ahead of bad actors and protect your finances from BVN and loan fraud attacks.
Popular Articles ??
EasyOnboard product updates: advanced identity verification customization ??
We're excited to announce the release of two new EasyOnboard features, Detect with Brightness Level and Detect with Glasses On, that will help businesses to further customize and streamline the identity verification process. Learn more about how these features work and how to take advantage of them.
Bondly automates KYC verification with Dojah
Our partnership with Bondly will help maintain a strong level of security and ensure the delivery of quality experiences to customers.
Securing the healthcare industry: Dojah partners with Onye
Safeguarding sensitive patient data is paramount in the healthcare sector ??. Onye is leveraging Dojah's KYB and KYC solutions to maintain compliance, data confidentiality, and trust.
Dojah + Cleva: creating a secure and seamless onboarding process
We've partnered with Cleva Banking, a US-based dollar account provider for non-US residents, to seamlessly onboard customers and mitigate fraud and other financial crimes. ??
领英推荐
Kenya sets up committee to regulate cryptocurrencies after Worldcoin debacle ?
Cryptocurrencies are not currently regulated in Kenya, and the country's central bank, the CBK, does not recognize crypto as securities. However, that may change after a parliamentary committee has recommended that the country develop regulations to better manage virtual assets like Worldcoin. The committee also suggests completely disabling Worldcoin's presence in Kenya and blacklisting the IP addresses of related websites.
Fidelity Bank blocked (and then restored) neobank transactions over fraud and KYC concerns
Fidelity Bank recently blocked transfers to neobanks like Moniepoint, Kuda, OPay, and PalmPay. This restriction came due to concerns of increased fraud and lax KYC compliance with neobanks. However, this issue didn't last long, as Fidelity Bank has now restored transfers to these neobanks.
What Nigerian fintech founders can learn from fraudsters
According to Jude Dike, GetEquity's CEO, fraudsters are more skilled at what they do than we give them credit for. From performing scams during fintech product launches to carrying out penetration tests, there is so much fraud to tackle. The lack of collaboration between fintech startups gives fraudsters the edge in running their scams, and this has led to the death of many fintechs. Learn more about what Jude had to say about fraud in the fintech space.
$2.7 billion lost to social media scams since 2021
According to data from the FTC, $2.7 billion has been lost to social media fraud in the past 2? years. While account hacks and catfishing are common scams bad actors use on social media platforms, a large amount of the scams performed involve fraudulent online shopping. This is a good time to pay attention to your digital security if you haven't started yet.
Cameroon’s new biometric ID system to issue cards within 48 hours
Issuing ID cards has been a constant issue in Cameroon for the past couple of years. However, that is about to change as the country plans to start issuing biometric passports, increase the ID card registration centers from 280 to 548, and increase the number of registration kits nationwide. These new developments will help Cameroonians obtain their IDs in an efficient, safe, and secure manner.
Number of global verification checks to exceed 70 billion in 2024
According to Juniper Research, the number of digital identity verification checks will surpass 70 billion in 2024. This is a 16% rise from the 61 billion checks performed last year. Not surprisingly, the banking industry will see the largest volume of checks, with 37 billion checks to be performed in 2024.
Other things we're Digesting
Digestible Fact For The Month???
The NASA Vehicle Assembly Building in Florida is so huge that it has its own weather.
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