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The deepfake threat targeting SA banks

The deepfake threat targeting SA banks

Financial crime losses in South Africa's banking sector have dropped sharply, from R3.3-billion in 2023 to R2.7-billion in 2024, thanks to improved prevention and detection measures – but experts warn that these figures may be misleading. While overall losses have...

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SARB becomes 50% shareholder in PayInc

SARB becomes 50% shareholder in PayInc

PayInc, previously known as BankservAfrica, is pleased to announce the successful conclusion of the transaction through which the South African Reserve Bank (SARB) has subscribed to a 50% shareholding in the company. This milestone marks the beginning of a new chapter...

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