Chief Risk and Compliance Officer of Mobile Money Limited, Godwin Tamakloe, has disclosed that the company blocks more than 400,000 fraudulent text messages each day as part of efforts to curb the growing menace of mobile money scams.

Speaking on Breakfast Daily on Channel One TV on Friday, May 2, he explained that the mobile money platform has deployed a robust filtering system that identifies and blocks suspicious messages before they reach customers. "…With the text message, it is because we have a system that we have set some rules on that block that SMS that goes to the customers.

The attack channels are an SMS, a link or a call.

So the system blocks the SMS because of certain words in the SMS.