Financial crime compliance an expensive exercise

Financial crime compliance an expensive exercise

Financial crime compliance costs increased for 98% of financial institutions in 2023, with the total cost of financial crime compliance in EMEA reaching $85-billion. This is according to LexisNexis Risk Solutions’ latest “True Cost of Financial Crime...

AI seen to impact customer experience

Artificial intelligence (AI) is having an impact on customer experience, according to research conducted by Forrester Consulting on behalf of Experian. The study found that 65% of surveyed business leaders believe that AI has positively transformed their customer...

Work location is not factor in project success

Organisations that bring employees back into the office will likely not see a significant improvement in project performance, especially considering the negative impact this could have on employee morale and retention, as well as operational costs. This is one of the...

Mustek reports lower earnings

Mustek has reported that basic earnings per share for the six months ended 31 December 2023 are 91.02 cents, down 58,5% from the corresponding period a year ago. The group’s gross profit percentage decreased to 13,4% fro 14,1% in December 2022. Revenue, at...

Liquid C2 partners with Google Cloud, Anthropic

Liquid C2 has announced collaborations with global technology leader Google Cloud and artificial intelligence (AI) company Anthropic to deliver advanced cloud, cyber security solutions, and generative AI (GenAI) capabilities to African businesses. Customers of Liquid...

Network security SaaS, virtual solutions drive sector growth

In 2023, the network security market witnessed a pivotal shift, with revenues reaching $22,5-billion, according to a new report from Dell’Oro Group. Last year marked a deceleration to a single-digit growth rate, significantly influenced by the declining fortunes...