MTN deploys AI to detect and block fraudulent Mobile Money messages

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MTN has deployed artificial intelligence and machine learning technologies to detect and block fraudulent Mobile Money messages before they reach customers. According to MTN’s Senior Manager for Fintech, Abdul-Majeed Rufai, the system uses advanced algorithms to identify attempts to mimic official transaction alerts, even when fraudsters manipulate message formats or introduce spelling errors. He noted that the AI-driven solution enables real-time detection of suspicious patterns, allowing MTN to act swiftly to prevent financial losses. The initiative forms part of MTN’s broader efforts to strengthen Mobile Money security and sustain confidence in Ghana’s digital payments ecosystem.

Source: Myjoyonline