In this episode of “No Free Lunch,” host Greg Stewart delves into the complex world of identity fraud with guest Tom Schoon, head of partnerships for Africa at Sumsub. The discussion centers around Sumsub’s 2025 Identity Fraud Report, which highlights a significant shift in the fraud landscape across Africa.
The report reveals alarming growth rates in deepfake incidents and advanced fraud techniques, particularly in countries like Zambia, DRC, and Malawi. Tom explains how Sumsub’s compliance platform helps combat these issues by providing full-cycle verification and ongoing monitoring.
The conversation also explores the challenges of digital literacy and mobile adoption in Africa, emphasising the need for robust fraud prevention systems and real-time reporting to regulators. The episode concludes with a call for unified efforts and education to mitigate fraud risks.