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Safaricom to monitor customers at ATMs in SIM swap fraud fight

The move is on the backdrop of a growing number of mobile phone users being targeted by scammers, with the criminals gaining access to their victims’ phones or accounts.

Photo credit: Shutterstock

Safaricom has deployed technology that detects customers’ physical location and shares the information with banks, being one of the measures to protect customers from SIM swap fraud that has seen many conned thousands of shillings.

Announcing a partnership with six banks to combat rampant cases of SIM swap fraud, the telecommunications firm said it is deploying ATM Vicinity check and SIM-Swap-Check.