Jul 18, 2024
Far from a victimless white-collar crime, money laundering is a crucial enabler of corruption, drug smuggling, human and wildlife trafficking, terrorism, and other organised criminal activities. The role that banks, lenders, and other Financial Institutions (FIs) play...
Jul 11, 2024
Insurance companies are increasingly turning to digital business models to position themselves for future success, with emerging technologies acting as significant drivers of efficiency and effectiveness in various key business areas. Rapidly evolving technologies,...
Jul 9, 2024
In the post-Covid-19 era, cost containment remains a top priority for most businesses. This presents something of a challenge for data science departments seeking to recruit additional or replacement team members, as the value they bring to the organisation can be...
Jul 8, 2024
According to McKinsey research, cross-border payments are a major revenue driver for payments companies and banks, representing worldwide flows of around $150-trillion a year. Remittances offer particularly attractive opportunities for money launderers, terrorist...
Jul 8, 2024
South African banks love to promote their tech credentials. They’ll incorporate any awards they win for innovation or tech integration into their marketing materials and race each other to introduce new app features. By Harry Scherzer, CEO of FutureForex For the...
Jun 26, 2024
Cross-border trade is a key driver of the South African economy, accounting for over half of the country’s total exports. However, South African exporters face several challenges in receiving cross-border payments, including high transaction fees, currency...
