finfluencers - eriinfo

Finfluencers drive inclusion but expose consumers to risks

eriinfo.com2 hours ago011 mins

There are both risks and opportunities presented by the rise of finfluencers. (Image source: 123RF) The rapid rise of financial influencers, or “finfluencers”, across South Africa’s social media platforms is a double-edged sword – representing both unprecedented opportunities for financial inclusion and significant risks related to misinformation. This was the sentiment shared by regulators and…

Advisory panel considers impact of ‘finfluencers’, AI on consumers

eriinfo.com1 month ago06 mins

The FSCA’s inaugural Consumer Advisory Panel report shows how emerging technologies are redefining consumer protection in finance.(Image created via ChatGPT) The Financial Sector Conduct Authority’s (FSCA’s) Consumer Advisory Panel has published its inaugural annual report, outlining how digital finance, data insights and consumer intelligence should be used to drive smarter regulation. The report outlines the…