International records / Internet Archive

Mobile Money Security: A Comparative Study Between Nigeria and Kenya’s Approaches (www.kiu.ac.ug)

This review explores mobile money security in Nigeria and Kenya, examining the differing approaches each country has adopted to address security challenges in the rapidly growing mobile money sector. Mobile money has become a key driver of financial inclusion in sub-Saharan Africa, offering millions of previously unbanked individuals access to financial services. However, the rise in mobile money usage has introduced significant security concerns, including fraud, data breaches, and cyberattacks. Kenya, with its mature regulatory environment and comprehensive security measures, serves as a glo…