Mitigate cash-related risks as load shedding hampers digital payments

South Africa’s load shedding crisis is slowing down the migration towards cashless payments, as consumers and businesses turn to cash as the most reliable means of value exchange during power outages. Businesses should thus plan for cash to be a significant part...

Mobile payments move to anywhere, anyhow, anytime convenience

Now that the dust has settled after the pandemic, one of its most enduring legacies is the wider usage of mobile and contactless payments around the world. By Charles Pittaway, MD of Netcash Global research from Accenture shows that more than half (56%) of consumers...

Open Banking set to empower consumers

Internationally, open Banking has been seen as a financial revolution – bringing about ways for consumers to feel more empowered than ever before – enabling them to be vetted and easily gain access to what they need given their lifestyle needs. Simply...

Robust, credible data a powerful tool for anti-money laundering

The problem of organised financial crime and money laundering made headlines after a recent Al Jazeera investigative report uncovered a large-scale money laundering operation in South Africa. The scheme is alleged to have relied on forged paperwork and documentation...

The evolution of mobile payments

Now that the dust has settled after the pandemic, one of its most enduring legacies is the wider usage of mobile and contactless payments around the world. By Charles Pittaway, MD of Netcash Global research from Accenture shows that more than half (56%) of consumers...

Trust essential to the future of digital money

The rapid adoption of new payment technologies such as contactless and ecommerce has changed spending both online and offline. However, it has also led to a rise in fraud and cybercriminal activity, highlighting the need for a comprehensive approach to building and...