Swiss firm woos local partners in push to stop financial fraud

Myriad Connect head of marketing Kimberly Macsymon briefs the media during launch of the authentication and SIM swap detection service in Nairobi last week. PHOTO | DIANA NGILA

Mobile technology company Myriad Connect is seeking to partner with Kenyan companies to combat fraud in mobile financial services.

The technology will require users making digital payments to authenticate their identity through two steps. This will involve push notifications when a transaction is about to be effected as well as security questions.

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Note: The results are not exact but very close to the actual.