According to a recent LinkedIn post from MoMo (M_Service), the operator of the MoMo digital payments platform has received a Certificate of Merit from Vietnam’s Department of Cybersecurity and High-Tech Crime Prevention. The recognition is described as linked to efforts between 2022 and 2025 to cooperate with law enforcement on fraud and scam-related cases involving digital payment services.
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The post indicates that MoMo has supported investigations nationwide, sharing information to help address nearly 5,500 fraud and scam cases during that period. It also highlights continued investment in AI- and data-driven risk monitoring systems designed to detect suspicious activity in real time.
As shared in the post, MoMo reports proactively blocking more than 30,000 accounts connected to potential violations in 2025 alone, aiming to reduce misuse of e-wallets for illegal activities. The company frames user protection and regulatory compliance as core principles and links these actions to safeguarding over 30 million users and hundreds of thousands of merchants.
For investors, the emphasis on cybersecurity, regulatory collaboration, and large-scale risk monitoring suggests a strategic focus on platform integrity and trust, factors that can be critical for user retention and transaction growth. Close cooperation with authorities may also help mitigate regulatory and reputational risk in Vietnam’s fast-growing fintech sector, potentially strengthening MoMo’s position versus local and regional competitors.