Momint Partners With Cybera To Prevent And Respond To Cyber Crime
Momint Partners With Cybera To Prevent And Respond To Cyber Crime. Momint has announced that it can now perform advanced customer due diligence in order to wipe out any attempts at fraud on the Momint marketplace with CYBERA.
Cybera developed the world’s first dedicated CYBERCRIME WATCHLISTTM – a unique and powerful global dataset which companies, organisations and governments can utilise to detect and prevent cyber-related financial crime, scams and money laundering. Their high-quality, integrated data provides actionable intelligence on money mules including wallet addresses, IBANs, email and social. It also means higher automatic approval rates and a reduced number of fraudulent accounts, false positives, manual reviews and unnecessary document requests.
By harnessing the CYBERCRIME WATCHLISTTM, the Momint Marketplace becomes more secure. It gives the company the ability to break the siloed nature of today’s online data by centralising tangible cybercrime data points to add an extra layer of actionable intelligence to Momint’s fraud, money laundering and general KYC processes.
Momint enables accessible funding and trade of Solar investments with a built-in digital wallet, it specialises in putting real assets and legal contracts on the Blockchain. In March 2022, the company hosted Africa’s largest NFT auction where it sold Nelson Mandela’s original arrest warrant for $130,000. These profits helped fund the restoration of Liliesleaf heritage site, thereby protecting historical documents of South Africa’s struggle for democracy.
In January 2023, the company launched the SunCash initiative as a cost-effective solution to solve South Africa’s energy crisis. Through the SunCash platform, individuals can purchase solar cells for as little as R150, and sell their solar energy back to public institutions through a Standard Power Purchase Agreement.
