Finance in Africa

Fraud economics in African payments: Losses and the margin squeeze

Virtual

September 22, 2026 2:00 pm

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Who can attend

Startup founders

C-Suite Executives

Marketing & sales executives.

Fraud losses across African payment systems are rising sharply as transaction volumes scale.

Nigerian financial institutions lost ₦52.26 billion to fraud in 2024, a 196% increase year-on-year (NIBSS)
South Africa recorded an 86% surge in digital banking crime, with losses nearing R1.9 billion (SABRIC)
Ghana’s PSP sector reported GH¢19 million in fraud exposure across 15,673 cases (Bank of Ghana)

As fraud losses rise alongside transaction growth, the key question is not just detection. Join us as we explore the impact of losses, false postives, and on margins in Africa’s payment space.

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Past event

Fraud economics in African payments: Losses and the margin squeeze

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Speakers

Segun Cole

Founder and CEO, Maasai

Event topics

A look back at the key themes that drove insightful discussions at this event.

Session 1

Getting the top news on stock prices and values

We aim to empower Africans to lead the future of global business by providing insights, opportunities and connections that motivate them to pioneer innovations and create businesses that change the world.

Session 1

Getting the top news on stock prices and values

Session 1

Getting the top news on stock prices and values

Interested in sponsoring an event like this?

Finance in Africa

Registration is free!

Fraud losses across African payment systems are rising sharply as transaction volumes scale.

Nigerian financial institutions lost ₦52.26 billion to fraud in 2024, a 196% increase year-on-year (NIBSS)
South Africa recorded an 86% surge in digital banking crime, with losses nearing R1.9 billion (SABRIC)
Ghana’s PSP sector reported GH¢19 million in fraud exposure across 15,673 cases (Bank of Ghana)

As fraud losses rise alongside transaction growth, the key question is not just detection. Join us as we explore the impact of losses, false postives, and on margins in Africa’s payment space.

Webinar/Free Event Registration Form

First Name

Last Name

Phone/Mobile

Company/Organisation

Industry/Sector

Role/Title

Country

Businessfront