Financial Ombud looks back on its first year
It’s been one year since the National Financial Ombud Scheme (NFO) was formed from the amalgamation of the Ombudsman for Banking Services (OBS), the Credit Ombud (CO), the Ombudsman for Long-Term Insurance (OLTI), and the Ombudsman for Short-Term Insurance (OSTI)....
AI could help counter money laundering
Using artificial intelligence (AI) technology in anti-money laundering (AML) processes has become critical for financial institutions as they work to comply with regulations and combat financial crime. Even so, a new AML technology study from SAS, featuring...
Digital media revenue to hit $800bn by 2027
Over the past five years, nearly 1-billion people have joined the digital media space in search of entertainment and knowledge, helping the entire market practically double its revenues. In 2023, the digital media industry is expected to gross more than $576-billion,...
AI platform predicts stock market with 70% success rate
Over the years, alternative data has become a powerful tool in stock trading helping investors get an inside scoop on companies, stay ahead of the curve, and make informed stock picks. However, these non-traditional data sources like job postings, social media...
Remote physical goods fraud set to mushroom
A new study from Juniper Research forecasts that the greatest merchant losses to fraud will be via remote physical goods purchases, with losses reaching $5,1-billion across emerging markets in 2028, up from $1-billion in 2023. The research group anticipates fraud...
Morphobots contend for a job on Mars
In 2020, academics Mory Gharib and Alireza Ramezani were spitballing a transforming robot that is now getting a shot at work that's literally out of this world: NASA Mars Rover missions. Caltech has unveiled its multi-talented robot that can fly, drive, walk and do...
Vodafone,Vodacom to beta test Amazon’s Project Kuiper in 2024
Vodafone and Project Kuiper - Amazon's low Earth orbit satellite (LEO) communications initiative - have announced a strategic collaboration through which Vodafone and Vodacom plan to use Project Kuiper's network to extend the reach of 4G/5G services to more of their...
AI expected to be critical in learning and education
The shipments of smart devices in learning and education has mushroomed together with their capability, applicability, and value, says IDC, adding that the ecosystem now plays an increasingly important role in the market development with improved interoperability and...
IBM, Salesforce collaborate to speed up adoption of trustworthy AI
IBM and Salesforce have announced a collaboration to help shared clients accelerate business transformations with generative AI while helping to safeguard their data. According to the companies, clients can now access the following: * Driving adoption of AI...
Mustek flags irregular expenditure at Sizwe
The Mustek board has issued a statement concerning irregular expenditure during the 2023 financial year in Sizwe Africa IT Group, in which Mustek holds a minority share. The company stresses that Mustek’s nominee director is appointed in a non-executive capacity to...
More News Today
The hidden VAT opportunities for small businesses
The VAT increase, which comes into effect in just a few days, is an opportunity for SMEs to review their processes and identify opportunities to cut costs and streamline operations. By Viresh Harduth, vice-president: new customer acquisition (start up and small...
Why identity verification matters for mobile operators
Africa is rightly called the mobile continent, and mobility increasingly defines how Africa enters the digital age. By Sherry Zameer, senior vice-president: IoT at Gemalto According to the 2017 Mobile Economy Report of the GSM Association, Africa currently has 420...
Insuring the future
Imagine a future where 'simple, flexible and transparent' are words you would use to describe the service you receive from your insurer. What if the quick, friendly exchange that made your day was with a robot that processed your claim with lightning speed using a...
Cyber-security in 2018: the big five
Cyber attacks have become something far greater than an embarrassing nuisance. As businesses are increasingly reliant on digital platforms for almost every aspect of their operations, an attack can cause everything from direct financial loss and brand damage, to...
Combating the seven swords of cybercrime
With automated tools and hackers for hire, cybercrime has turned into a game for profit, writes By Martin Walshaw, senior systems engineer at F5 Networks. Recent research from F5 Labs shows that out of 429 reported breaches studied between 2005 and 2017, hackers...
Intelligent water infrastructure a smart move
Rapid urbanisation across the continent is having an effect on water demands and it is estimated that by the year 2030, the world will need 40% more water than its current accessible, reliable supply. By Sabine Dall'Omo, CEO for Siemens Southern and Eastern Africa...
Infrastructure management trends in
It is a digital age and for businesses to remain current, they need to get on board with the burgeoning trend towards customer experience improvement and tailor their infrastructure accordingly, writes Ranjoy Nag, sales: global infrastructure services for South Africa...
Fairbanks Morse shows PoweReliability-as-a-Service
Fairbanks Morse will be at Power & Electricity World Africa from 27 to 28 March, presenting its PoweReliability-as-a-Service platform powered by the Trident OP engine featuring a fuel-efficient opposed piston architecture. The Fairbanks Morse...
Meet the hackers …
Over the past year, every company in the world has experienced a mobile malware attack, according to a trends article from Check Point Software Technologies. Mobile malware has become a major concern for both consumers and organisations worldwide. Although much has...
How we approach business risk needs to change
By Faith Ngwenya, technical executive at the South African Institute of Professional Accountants (SAIPA) "We need to recreate the traditional risk management process entirely if we are to sufficiently break down silos and become truly fluid," our institute's western...
Data Engineer at QE Services
My client based in Cape Town (Northern Suburbs) is currently looking for a Data Engineer to join them on a permanent basis. IT / Finance Responsibilities Understand and analyze client requirements and business needsIdentify, analyze, visualize, and understand...
Intermediate Java Developer(CH1068) – Fully Remote – Western Cape Cape Town
Our client is a leading software services and consulting company focusing on delivering innovative solutions with a strategic emphasis on generative AI. They are expanding their team to include an individual contributor that will act as a Intermediate Java Developer...
Data Engineer at QE Services – Western Cape Cape Town Region
My client based in Cape Town (Northern Suburbs) is currently looking for a Data Engineer to join them on a permanent basis. IT / Finance Responsibilities Understand and analyze client requirements and business needsIdentify, analyze, visualize, and understand...
Systems (Database) Administrator
Systems (Database) Administrator My client a leading commercial fashion Retailer in Cape Town has an exciting new vacancy for a Systems (Database) Administrator. Requirements:The successful candidate will administer IT Systems, Databases, Software development, testing...
Oracle PL/SQL Developer
My client based in Cape Town (Northern Suburbs) is currently looking for an Oracle PL / SQL Developer to join them on a permanent basis. IT / Finance Responsibilities Provide Technical Guidance and SupportOffer expertise and support to the product team, assisting with...
Systems (Database) Administrator – Western Cape Cape Town Region
Systems (Database) Administrator My client a leading commercial fashion Retailer in Cape Town has an exciting new vacancy for a Systems (Database) Administrator. Requirements:The successful candidate will administer IT Systems, Databases, Software development, testing...
Oracle PL/SQL Developer – Western Cape Cape Town Region
My client based in Cape Town (Northern Suburbs) is currently looking for an Oracle PL / SQL Developer to join them on a permanent basis. IT / Finance Responsibilities Provide Technical Guidance and SupportOffer expertise and support to the product team, assisting with...
Support Engineer
Individuals with a Bachelors in computer sciences, IT, or related field, with proven experience in managing Office 355SharePoint environments and website hosting.Strong knowledge of network infrastructure, hardware, and software systems. Proficiency in troubleshooting...
Data Scientist at Parvana Recruitment
About our client:With a focus on Africa, China, the UK and the US, this global investment firm offers you an opportunity to be involved with a unique approach to responsible investing whilst driving performance and innovation. This client is guided by a philosophy of...
Support Engineer – KwaZulu-Natal Durban
Individuals with a Bachelors in computer sciences, IT, or related field, with proven experience in managing Office 355SharePoint environments and website hosting.Strong knowledge of network infrastructure, hardware, and software systems. Proficiency in troubleshooting...
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