Ecobank Faces Major Losses Due to Fraud Vulnerabilities in Card Operations
Ecobank has reportedly lost millions of dollars between 2020 and 2022 due to significant weaknesses in its card operations team, which exposed the bank to potential fraud by employees and merchants. An internal report reviewed by TechCabal outlines critical lapses in Ecobank Kenya's operations that allowed transaction manipulation to…
19 Sep 13:30 · News Ghana