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Strong AI oversight and governance will shape the financial services future

Artificial intelligence (AI) has become deeply woven into every aspect of financial services, from customer onboarding and fraud detection to transaction monitoring, sanctions screening, and risk assessment. By Chanal Subramoney, group senior compliance manager at...

Bowmans joins SA AI Association Advisory Board

The South African Artificial Intelligence Association (SAAIA) has announced that law firm Bowmans has joined its Advisory Board. SAAIA is an industry body focused on promoting the advancement of responsible AI in South Africa by uniting practitioners across...

Share doesn’t mean surrender when it comes to digital ID

South Africa is on the cusp of a major shift in how we prove who we are in the digital world. By Gerhard Oosthuizen, chief technology officer at Entersekt If the deluge of posts on community message groups is anything to go by, the proposed new digital identity (ID)...

Corruption may just get more expensive

South Africa has been fighting corruption with legislation that, frankly, lacked teeth. By Kim Rew, partner at Webber Wentzel The Prevention and Combating of Corrupt Activities Act 12 of 2004 (PRECCA) has long been the cornerstone of the country's anti-corruption...

Compliance is not a compromise

Data Privacy Day, took place on 28 January, is an international annual event that highlights the importance of data protection and compliance in a high-risk world. The World Bank describes it as an international focus on the ‘importance of respecting privacy,...

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Certification provides assurance

The South African Bureau of Standards (SABS) conducts a range of tests against South African National Standards (SANS), as well as customer specific requirements and/or testing against compulsory specifications that may be issued for certain product categories. The...

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