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Mobile Messaging is Precursor of Mobile Banking- Van Heerden

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 Deon van Heerden was appointed Clickatell’s South Africa country manager and vice president of sales for the Middle East and Africa last April. Prior to this, he successfully launched the company’s UK sales office and achieved a foothold in the very mature European market in just 18 months
Van Heerden is an accomplished management consultant and successful entrepreneur with 12 years experience in a variety of large-scale strategic business transformation consulting programs, general management and operations.
He spoke to hilary okeke

Various Mobile Banking Technologies

There are quite a few types of technologies around; it depends on certain factors relating to which technology to choose.  For something like SMS, it is still the easiest to deploy; whereby a user send a structured SMS to request for his account balance. But in my definition, that is just informational service and not really mobile banking. Again, it depends on your definition of mobile banking. Then you can move on to other types of technologies like WAP, which is a browser based technology on the phone. Here, you need to access the Internet to get to the website of the bank. It needs to be structured in a certain way. The uptake is relatively low from my personal experience in South Africa because users hardly ever use their phones to access the Internet. So, this is not a very popular solution. Something like Unstructured Supplementary Services Data (USSD) is more popular in South Africa. It is easier to use and is available on 99 per cent of all phones. It has a user friendly interface; it is secure and cost effective as well cheaper than the SMS solution.

Why Mobile Messaging is the Best Technology

Ease of use is a consideration; but there is also the point around availability. In South Africa, we have USSD availability from the networks, but in Nigeria you do not have it yet, and it is going to take a few months before it is available. Therefore, without the USSD option, you have to look at other options. There is the Java application on the phone. Again you need to have access to a SIM card and deploy the application on that SIM card. So, it is a somewhat complex process to deploy those technologies. But with the USSD based system, it works just like that.

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Best Security Strategy for Mobile Messaging Platform

It depends on what transactions you want to run through your platform. If you want to do complex transfers on finance or emergencies, you need to have a secure solution. If it is just informational like balance enquiry, you do not need a strict security solution because if somebody intercepts that information, he cannot do anything with it. It is just a set of numbers which would only make sense to the accountholder. But when you start doing finance and moving money in and out of your account, that is when you need to make the solution more secure.

Revenue Share between Service Providers and Network Operators

In South Africa, we also do not get a big share of the revenue from the operators. These are technologies which they have spent millions of dollars to acquire, and I think they can charge for using it. The banking services that we see being deployed in South Africa do not use the premium right or the revenue share model from the operators, and we do not have revenue share issues in servicing the banks. When you start selling games, ring tones and wall papers via SMS and you use premium rights for shortcodes like you have here in Nigeria; that is when revenue share issues come to play. From my experiences in South Africa, revenue share from the operators are low and that is the same across the world.

Revenue Generation Model

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There are two models here. Where revenue share sets in is when you have a premium service like the shortcode. So, the user pays some money to send a message to that shortcode. What then happens is that the operator pays the service provider some percentage of that money. That is what service providers have been complaining about. We sell our services to the banks and that is a whole new model for us.

Future Trends in Mobile Messaging

We are going to see various types of businesses deploying mobile messaging solutions. Many services will be automated via SMS as well. On the mobile banking side, you are going to see real mobile technology deployed to deliver services. Mobile messaging is definitely the first step in launching a mobile banking strategy. It is an informational type of service that is delivered via SMS because businesses may need to educate their clients. In access banking services via your mobile phone, you get feedback on transactions via SMS. Then comes the complex transactional one such as the USSD based service. There is definitely a place for SMS in mobile banking and mobile banking strategy. Here, SMS is a complementary service.

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E-Business

Tinubu Orders NIMC to Enrol Every Nigerian by End of this Year – DG

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President Bola Tinubu has directed the National Identity Management Commission (NIMC) to ensure that every Nigerian is enrolled in the national identity database before the end of 2026, according to Abisoye Coker-Odusote, director general and chief executive officer of the agency.

Tinubu Orders NIMC to Enrol Every Nigerian by End of this Year - DG

Abisoye Coker-Odusote, director general and chief executive officer, NIMC

Coker-Odusote, who appeared on Channels Television, said the directive forms part of the federal government’s efforts to establish a comprehensive national identity system capable of supporting effective governance, planning, and service delivery.

“The President has given us till the end of this year to make sure that we capture every single Nigerian,” she said.

According to her, NIMC is working with partners under the World Bank-supported Identification for Development (ID4D) project to accelerate nationwide enrolment.

“What we have done is we have partnered through the World Bank ID4D project with front-end partners. They are part of the digital identity ecosystem. These are private citizens that we’ve enabled and given jobs to enrol citizens on our behalf,” she explained.

She stressed that the National Identification Number (NIN) remains a unique identifier, ensuring that every individual is registered only once.

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“That’s why it’s called a unique identifier, so that you’re only enrolled once,” the NIMC DG added.

Coker-Odusote said Nigeria’s actual population remains uncertain, with estimates ranging from 200 million to 250 million, making a comprehensive identity database essential for national planning.

“It is estimated that we’re 200 million. When we’re done enrolling, we will then know the actual numbers that we have. Some estimates say 230 million, while a few people say 250 million.

“Your identity is basically the foundation for effective governance and service delivery. How can you plan if you don’t know the total number of persons that you have? We have been mandated by Mr President to go down to the community levels to enrol every single Nigerian”, she said.

Responding to concerns about whether an individual could obtain multiple identities by registering in different locations or under different names, the NIMC boss said the commission’s biometric verification system prevents such occurrences.

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She explained that while the previous system could accept duplicate enrolments before detecting them later, the current process automatically identifies and invalidates multiple registrations.

“The legacy system had no way of verifying at the front end whether you had already been captured. Once the record comes into the system, it flags it as a duplicate or that the person already exists in the database.

“You would only have one identity generated for you. The other record goes into a deduplication bucket where it is invalidated,”  she said.

The NIMC DG added that biometric verification, including fingerprints and facial recognition, makes it virtually impossible for one person to maintain multiple identities.

“Absolutely. One of the things that this Act has done is to cement our role in capturing biometrics. Private and public sector organisations will no longer capture biometrics independently. They will validate identities through API integration with NIMC.

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“The telcos are already doing that with us. If you need a SIM card, they capture your facial biometrics, which are matched against our database in real time to confirm that you are who you claim to be. We’re using biometric validation to tighten security around identity confirmation,” she said.

The remarks come weeks after Tinubu signed the National Identity Management Commission (NIMC) Act 2026 into law on June 26, repealing the 2007 legislation.

The new law reinforces the “One Person, One Identity” policy by making the NIN the country’s foundational identity credential for accessing government and essential private services, including banking, passport applications, tax administration, pensions, land transactions, and consumer credit.

It also introduces stiffer penalties for identity theft, multiple registrations and unauthorised access to personal identity data, while strengthening data privacy protections and granting NIMC wider powers to investigate identity-related offences.

 

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Kaspersky Warns of AI Risks for World Cup Fans

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Cybersecurity and privacy experts are raising concerns around the growing trend of sports fans using generative AI to create World Cup-related images, mock-ups, predictions and social media content.

Whilst offering new ways for supporters to engage with major sporting events, these tools also introduce risks that many users may underestimate. In light of this, Kaspersky has shared the key risks fans should keep in mind when using generative AI tools, so they can continue enjoying the championship with peace of mind.

When fan AI goes rogue. A growing number of AI tools are being used to create World Cup-themed visuals, avatars, memes and other fan content. While these services may seem creative and harmless, not all of them come from trusted providers.

Many are launched quickly to capitalise on interest around major events, increasing the likelihood that users will interact with platforms that offer limited transparency around data handling, lack adequate privacy and security measures, or might even be designed with malicious intent.

Personal data at stake. To create customised World Cup content, users are often asked to upload selfies, sign up with an email address, connect social media accounts or share other personal information. In doing so, they may reveal more information than necessary without fully understanding how that data will be stored, used, or potentially exposed.

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“AI-driven fan content may seem harmless, but one of the key privacy risks is that users are often encouraged to share far more personal information than necessary. A simple request to generate a themed avatar can involve the collection of photos, contact details, account data and behavioural insights – information that may later be insufficiently protected.

“Because major global events often create an ideal environment for opportunistic actors, fans should take a closer look at how these tools manage personal data before engaging with them,” says Anna Larkina, web content analysis and privacy expert at Kaspersky.

When fan content becomes a scam. AI-generated World Cup content in some cases can also be used to support fraud. Cybercriminals may use convincing mock-ups, fake giveaways, or official-looking fan pages to attract attention and build trust. Once users engage, they may be redirected to phishing sites, fake stores, fraudulent offers, or betting-related scams. Generative AI makes these campaigns easier to produce, more persuasive and far easier to scale.

The myth of AI predictions. Another area that deserves caution is AI-powered match prediction. However advanced or data-driven these tools may appear, AI cannot reliably predict inherently uncertain sporting outcomes. When used to promote betting, paid subscriptions or “insider communities”, such services can create a false sense of confidence and encourage risky decisions.

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JustMarkets Unveils New Web Terminal That Lets MT5 Traders Skip Software Downloads

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Multi-asset global broker JustMarkets has launched its Web Terminal, an advanced browser-based trading terminal now available to all clients in any country supported by the broker.

JustMarkets Unveils New Web Terminal That Lets MT5 Traders Skip Software Downloads

JustMarkets

The company said the new platform forms part of its ongoing effort to expand and strengthen its trading ecosystem. Before the official launch, the Web Terminal went through a preparation phase during which the team fine-tuned its technical performance and gathered user feedback.

“At JustMarkets, we never stop evolving,” a JustMarkets representative said. “With the Web Terminal, we wanted to remove every barrier between traders and the markets. Now every client can trade directly from their browser, with all the professional tools they need at their fingertips.”

The Web Terminal is fully available for MT5 accounts, allowing traders to access a professional trading environment without downloading or installing any software. The broker said the platform runs entirely in the browser, enabling clients to start trading instantly from any device.

To access the terminal, users are required to choose a trading account, press the “Trade” button, and then select “JustMarkets Terminal” from the window that appears.

The broker said the platform includes advanced charts with technical indicators and graphical tools, flexible volume settings that allow trade volume to be set in lots or in units of the asset, detailed asset descriptions, a market sentiment tool that provides real-time trading sentiment, timely updates on trading schedules and margin changes, and tools for managing multiple trading positions and pending orders.

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According to the company, the launch follows the introduction of the JustMarkets mobile app for trading on the go and represents another step in its broader innovation strategy.

JustMarkets said it remains committed to growth and has additional features, tools, and improvements already in development.

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