International perceptions of Nigerian scammers have already had negative consequences for Nigerians in tech.
These problems may have inspired Stripe to acquire PayStack, a startup founded by two entrepreneurs in Lagos and considered one of the leading payment services in Nigeria. Not only does a Nigerian-founded company provide an entrance into African markets, but data from PayStack's active users could prove helpful for differentiating signals in a space so riddled with fraudulent noise.
According to Olubukola Stella Adesina, professor of International Relations at the University of Ibadan, “international financial institutions now view paper-based Nigerian financial instruments with [skepticism]. Nigerian bank drafts and checks are not viable international financial instruments. Nigerian internet service providers and email providers are already being blacklisted in email-blocking blacklist systems across the internet.
This international response has gone beyond precaution. Discriminating against Nigerian users may save companies from actual fraudulent activity, but it comes at the cost of subjecting innocent users to high levels of scrutiny, often involving their personal data and financial history. In machine learning, the more often heuristics are applied, the more strongly the resulting data is biased, and the more likely it is that innocent users end up being policed.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The Queen shares emotional tribute on 1st anniversary of Prince Philip’s deathThe emotional montage accompanied by a poem called “The Patriarchs – An Elegy,” included photos of Prince Philip throughout his long life.
Les mer »
No, DeFi Is Not a Repeat of the 2008 CrisisRecent comments by American University law professor ProfHilaryAllen set off a fevered conversation but the comparison is a faulty one on many levels. Opinion for the 'Money Reimagined' newsletter by mikejcasey.
Les mer »
Warning For Russian Soldiers With Stolen Ukrainian iPhones: You Are Being TrackedHow Apple's shadow iPhone network reaches behind Putin's Iron Curtain.
Les mer »
Email Scams, The Costliest Type of Cybercrime, Are On The RiseThe huge payoffs and low risks associated with BEC scams have attracted criminals worldwide. Some flaunt their ill-gotten riches on social media, posing in pictures next to Ferraris, Bentleys and stacks of cash.
Les mer »
Nearly Half of Britons Think Prince Charles Should Step Aside for Prince WilliamThat said, recent survey data isn’t all bad for the Prince of Wales and the monarchy as a whole.
Les mer »