back Back

Why mobile financial scams are so prevalent in META regions

By Puja Sharma

June 13, 2023

  • APAC
  • Cybersecurity
  • Cybersecurity Risks
Share

Certain mobile financial apps offer seemingly legitimate microlending services, however, they were found to engage in scams and collect personal data from users’ smartphones. Around 14% of installs of potentially unwanted mobile financial apps on Android phones were made by users in META Region. Throughout 2022 and the first quarter of 2023, 14% of installs […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

June 12, 2023

RBI greenlights first loss default guarantee (FLDG), industry experts react

Read More
Next Article

June 13, 2023

UK tech industry set to receive £100bn from APAC investors

Read More





Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

May 27, 2024

New tech boosts European payments with 40% conversion rate increase

Read More

May 23, 2024

By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

Read More

May 22, 2024

UK SMEs lack fraud protection, facing significant financial risks, study shows

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023