Welcome! The Digital Financial Services Observatory is housed by CITI at Columbia University Business School in New York. It is funded by the Gates Foundation.
Our activities include:
You are welcome to submit documents, laws, commentaries and regulations to be considered for publication.
Multiple sources reported that Prof. Yemo Osinbajo, Nigeria's Vice President, estimated the annual cost of Nigerian telecommunications related financial services fraud at N197 billion (USD544,048,605) while addressing industry stakeholders at a forum organized by the Nigerican Communications Commission and the Central Bank of Nigeria.
Arrests and court proceedings against persons suspected of involvement with the terrorist attack at the dusitD2 hotel in Nairobi suggest that the Kenyan mobile money transfer system may have been used as a primary financing vehicle.
Legal Disclaimer: The content appearing on this site is for general information purposes only and made available on an "AS-IS" basis. The law is subject to change and no representation or warranty is made with regard to accuracy or fitness for a particular purpose.