Moremonee, a leading Nigerian fintech company, has introduced two groundbreaking security features—Trusted Partner and Lion Guard—marking a significant milestone in Africa's digital banking landscape. These features aim to enhance user control and protection against unauthorized access and fraud.
Trusted Partner: Empowering Account Protection
The Trusted Partner feature allows users to designate a trusted individual, such as a friend or family member, who can temporarily lock the user's account in case of emergencies or suspected fraud. This proactive measure ensures that unauthorized transactions are prevented until the account holder regains control. Importantly, the trusted partner cannot access sensitive information like account balances or transaction history, maintaining user privacy.
Lion Guard: Instant Account Lockdown
Lion Guard provides users with the ability to instantly lock their entire account directly from the Moremonee app. Once activated, all transactions are halted, and even the account holder cannot perform any operations until the feature is deactivated using a unique secret code. This adds an extra layer of security, giving users peace of mind in safeguarding their finances.
These innovations position Moremonee at the forefront of fintech security in Africa, setting new standards for user-driven account protection.