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How m-banking can reduce laundering
M-pesa: The challenge for governments is to design regulation that allows for criminal detection in mobile banking.
The last decade has seen telecommunications companies and banks offer secure, affordable, and simple mobile banking (m-banking).
Internationally, customers have enthusiastically adopted the technology, in many cases enjoying access to financial services for the first time. The various m-banking services, coupled with the ingenuity and energy of newly enfranchised users, have assisted individuals and nations in advancing themselves economically.
