Is AI the game-changer for streamlining anti-money laundering compliance? Issue 6 2023, Security Services & Risk Management In the aftermath of South Africa's recent grey listing, companies are now confronted with the imperative to address eight identified strategic deficiencies, while simultaneously reducing their financial crime risk through anti-money laundering compliance processes.
FutureBank and IDVerse partner to fight cybercrime Issue 6 2023, Cyber Security Generative AI is breeding different fraud types, and cybercrime is predicted to become the biggest economy in the world in the next 18 months. FutureBank and IDVerse have joined forces to keep their customers safe.
Capitec installs Speedgate turnstiles Issue 5 2023, Turnstar Systems, Access Control & Identity Management, Products Capitec’s Head office in Cape Town recently took its security measures to the next level with the installation of three Speedgate secure lanes manufactured and installed by Turnstar Systems.
Banking the unbanked comes with security risks Issue 2/3 2023, Security Services & Risk Management As grim as it was, the pandemic of recent years and its resultant global economic crisis were a prime catalyst for record number of first-time bank users, the previously unbanked.
Combating South African financial crime with RegTech Issue 2/3 2023, Security Services & Risk Management RegTech South Africa is an emerging and dynamic industry with new regulations being consistently added and the need for compliance being more important than ever. With the recent Greylist announcement of South Africa, by FATF, compliance with international standards and regulations cannot be ignored.
Integrating existing technology and AI Issue 2/3 2023, Secutel Technologies, Access Control & Identity Management, Products Financial institutions require strict security processes governing staff and visitors (including unwanted visitors), from the perimeter, right into their campuses and buildings; however, replacing all existing security systems with new technology is not always viable.
An online accountant talks cybersecurity Issue 2/3 2023, Technews Publishing, Cyber Security Hi-Tech Security Solutions talks to Hennie Ferreira, CEO of Osidon — a company offering businesses an online accountant — about the company and the cybersecurity solution developed to support the number cruncher.
Innovating integrated banking security Issue 2/3 2023, Integrated Solutions To counter intelligent criminals requires integrated, intelligent security solutions that not only protect assets and people, but support business processes as well.
Biometrics in financial services Issue 2/3 2023, ZKTeco, Access Control & Identity Management Today, it is possible to verify our identity using a selfie, our voice or by placing our finger on the fingerprint reader of our mobile phone.
Keeping your cash secure is good business Issue 2/3 2023, Security Services & Risk Management, Products With the proliferation of robberies targeting cash and valuable assets on the move, it is imperative businesses put their money where their mouth is when it comes to protecting their assets.
Do you trust the selfie? Issue 2/3 2023, Access Control & Identity Management, Security Services & Risk Management By choosing the right methodology and technology, CIOs and security and risk leaders can build an authentication solution that maximises security and provides a frictionless customer experience.
What does South Africa’s Grey Listing mean? Issue 2/3 2023, Security Services & Risk Management South Africa’s recent Grey Listing by the Financial Action Task Force (FATF) has caused a great deal of concern for South African businesses and individuals.
SA banking sector chooses enterprise-grade ID verification SMART Access & Identity 2023, Access Control & Identity Management, Integrated Solutions In terms of the secure digital onboarding of customers, South Africa’s major banks have made massive inroads by using remote facial authentication.
Five banking and payment security threats and trends in 2023 Issue 1 2023, Cyber Security The digital pendulum is swinging back to pre-pandemic agendas, offering security leaders in the banking world a chance to revisit longer-term projects and take advantage of the tech crunch layoffs to bolster their security teams.
The $600 000 question Issue 7 2022, Cyber Security, Security Services & Risk Management Usman Choudhary, chief product officer of VIPRE Security Group, advises companies to do the basics to protect themselves before looking for cyber insurance.
eCommerce losses to online payment fraud to exceed $48 billion Issue 6 2022, Editor's Choice, News, Security Services & Risk Management A new study from Juniper Research has found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, up from just over $41 billion in 2022.
SABRIC releases annual crime stats for 2021 Issue 6 2022, Editor's Choice, News SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry has released its annual crime stats for 2021.