• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, February 3, 2023
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Fidelity Bank Urges Customers to Ignore Claims Its Mobile App Is Hacked

September 1, 2022
Stephen M.CbyStephen M.C
in Banking
0
Fidelity Bank Urges Customers to Ignore Claims Its Mobile App Is Hacked

Management of Fidelity Bank has called on the Bank’s customers and the general public to disregard claims that the Fidelity Mobile App has been hacked.

The bank moved to deny the reports circulating on social media while highlighting the strength of its mobile apps.

The bank, meanwhile, urged all customers and the public not to share their PIN, Password, OTP or Date of Birth with anyone as bank officials will never call to ask for this information.

RelatedPosts

GCB Bank Honors Its Pledge To UCC With A Cheque Of GH¢300,000

Stanbic Bank Ghana Ranks Best Local Bank In Customer Service

AfDB Trains Its Regional Member Countries On Strategic And Operational Application Of Fragility Lens

“Our attention has been drawn to an audio and video circulating on WhatsApp and other social media platforms.

“The video captures excerpts of the arrest of some fraudsters who have attempted severally to defraud some bank customers through social engineering. This is similar to mobile money fraud where fraudsters contact individuals and attempt to convince them to give out their PIN, Password, OTP or Date of Birth. However, the accompanying audio insinuating that the Fidelity Mobile App has been hacked is false and should be disregarded.”

Fidelity Bank

Tracking of the Fraudsters

The bank, in the statement, said its financial crime team together with the Police were able to track the activities of these fraudsters and effect their arrest.

The bank in the notice to its customers said the protection of funds and data is their number one priority.

“As demonstrated by the ability of the bank’s internal structures to identify and apprehend these suspected fraudsters, the protection of customers’ funds and data is our number one priority.

“Fidelity Bank’s Financial Crime team together with the Ghana Police Service were able to track the activities of these fraudsters and effect their arrest.”

Fidelity Bank

The assurance came following a viral video circulating on social media which captures excerpts of the arrest of some fraudsters who have attempted severally to defraud some bank customers through social engineering.

Recently, banking fraud is on the rise According to the Bank of Ghana Report, the banking sector in the country last year lost GH¢61 million through fraud and other banking malpractice. This represents a surge of 144 per cent losses due to fraud in the banking sector from GH¢25 million in 2020 to GHC61 million in 2021.

The report indicated that the upsurge in losses recorded for the period was due to the increased use of online payment platforms for fraudulent transactions.

The report, however, recorded 2,347 attempted fraud cases, which represents a minimal decline of 12.09 per cent or 2,670 in 2020.

19905854
Statement from the Bank

READ ALSO: Food Insecurity Drops By 7.0 Percentage Points In Q2 2022 – GSS

Tags: CustomersFidelity BankFraudstersMobile app

Related Posts

GCB Bank Honors Its Pledge To UCC With A Cheque Of GH¢300,000
Banking

GCB Bank Honors Its Pledge To UCC With A Cheque Of GH¢300,000

February 3, 2023
Stanbic Bank Ghana Ranks Best Local Bank In Customer Service
Banking

Stanbic Bank Ghana Ranks Best Local Bank In Customer Service

February 3, 2023
AfDB Trains Its Regional Member Countries On Strategic And Operational Application Of Fragility Lens
Banking

AfDB Trains Its Regional Member Countries On Strategic And Operational Application Of Fragility Lens

February 2, 2023
Does This Make England’s Case Any Better Than Ghana’s?
Banking

Does This Make England’s Case Any Better Than Ghana’s?

February 2, 2023
SSNIT And Auditor General in Disagreement Over $17.5 million STC Loan
Banking

SSNIT And Auditor General in Disagreement Over $17.5 million STC Loan

February 2, 2023
DDEP: Banks Will Be Given Enough Time To Capitalize – Dr. Addison
Banking

DDEP: Banks Will Be Given Enough Time To Capitalize – Dr. Addison

February 2, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post

Twitter Caves In To User Requests For Edit Button

Next Post

Over GHC500 Million Went Out In Funding To Ghanaian MSMEs- Ghana Enterprises Agency

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.
Blinken Postpones China Trip Over Mystery Flying Ballon
USA

Blinken Postpones China Trip Over Mystery Flying Ballon

by Comfort AmpomaaFebruary 3, 2023
Newmont Obliges To Ghana’s Tax Laws, Pays ¢184.6m As Dividends To Government
Extractives/Energy

Newmont Obliges To Ghana’s Tax Laws, Pays Gh¢184.6m As Dividends To Government

by Gifty BansahFebruary 3, 2023
Uber And Nissan To Partner For Africa’s Green Economy Summit
Innovation

Uber And Nissan To Partner For Africa’s Green Economy Summit

by Priscilla Dziedzorm FiakpornuFebruary 3, 2023
Education Minister To Appear Before Parliament Over SHS Placement Scandal On February 11
General News

Education Minister To Appear Before Parliament Over SHS Placement Scandal On February 11

by Emmanuel SarpongFebruary 3, 2023
‘Stir It Up’ Is One Of The Biggest Highlights Of My Career – Sarkodie
Entertainment

‘Stir It Up’ Is One Of The Biggest Highlights Of My Career – Sarkodie

by Esther Korantemaa OffeiFebruary 3, 2023
NATO Urges Russia To Respect Nuclear Treaty With The US
Europe

NATO Urges Russia To Respect Nuclear Treaty With The US

by Comfort AmpomaaFebruary 3, 2023
Blinken Postpones China Trip Over Mystery Flying Ballon
Newmont Obliges To Ghana’s Tax Laws, Pays ¢184.6m As Dividends To Government
Uber And Nissan To Partner For Africa’s Green Economy Summit
Education Minister To Appear Before Parliament Over SHS Placement Scandal On February 11
‘Stir It Up’ Is One Of The Biggest Highlights Of My Career – Sarkodie
NATO Urges Russia To Respect Nuclear Treaty With The US
Snow
FIND OUT MORE

The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In