FSCA builds AI guardrails as digital regulation expands

FSCA builds AI guardrails as digital regulation expands

FSCA’s AI framework forms part of a broader digital strategy aimed at improving regulatory processes. (Image created via Gemini) The Financial Sector Conduct Authority (FSCA) is developing an artificial intelligence (AI) framework, as it accelerates a broader digital transformation programme aimed at making the regulator more data-driven and automated. This is according to the financial…

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Stop AI experimentation: Pilots are avoiding the real work

Stop AI experimentation: Pilots are avoiding the real work

Lungile Mginqi, digital transformation strategist. Artificial intelligence (AI) adoption is already widespread. AI transformation is not. The difference is whether leadership is prepared to redesign real work, take people through the change and build the capability to operate AI safely at scale. Enterprise AI experimentation has become a form of avoidance. AI excitement has done…

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Capitec’s non-bank fintech bet pays off: R2.7-billion

Capitec’s non-bank fintech bet pays off: R2.7-billion

Capitec’s fintech business – value-added services including prepaid airtime, data, electricity and money transfers, plus its Capitec Connect mobile service – contributed R2.7-billion to group headline earnings in the six months to 31 August, according to the group’s own breakdown. That is about three-quarters of the R3.5-billion in headline earnings from its Personal Banking business…

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NTT DATA Launches ‘Intact, intelligent action.’ to Protect Fragile Places and Advance Sustainability Commitments

NTT DATA Launches ‘Intact, intelligent action.’ to Protect Fragile Places and Advance Sustainability Commitments

NTT DATA, a global leader in AI, digital business and technology services, today announced “Intact, intelligent action.” This global initiative is designed to help people and organizations translate sustainability commitments into meaningful action. The effort combines awareness, technology and stewardship in support of some of the world’s most treasured yet fragile places. Antarctica will be…

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Laserfiche Names Garrett Boss as CIO to Lead Enterprise IT, Security, and Business Transformation

Laserfiche Names Garrett Boss as CIO to Lead Enterprise IT, Security, and Business Transformation

Garrett Boss joins Laserfiche as chief information officer. Laserfiche — the leading SaaS provider of intelligent content management and business process automation — today announced the appointment of Garrett Boss as chief information officer. Boss will oversee Laserfiche’s global IT services team and business transformation office, including deployment of internal Laserfiche solutions and all other…

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AI ROI remains elusive for African firms

AI ROI remains elusive for African firms

Enterprises are moving beyond AI experimentation as executives demand clearer evidence of financial and operational returns. Artificial intelligence (AI) adoption is increasingly delivering business value, but only about a quarter of enterprises are converting their investments into significant financial returns. This is one of the key findings of new research from Google Cloud, in partnership…

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