Cyber criminals are ramping up as Black Friday nears. (Picture: Gerd Altmann via Pixabay) The shopping frenzy that starts in November has become a ripe picking ground for hackers who target retailers and consumers caught up in sales and discounts, rather than being on the lookout for fraud. This threat is compounded by typical holiday…
Money fuels politics. But when it flows in the shadows, democracy is the first casualty. Across most of Africa, and much of the Asia-Pacific, Latin America and the Caribbean, citizens are expected to vote without knowing who pays for the campaigns competing for their support. New research by Transparency International finds that only about one…
Convera, a global leader in commercial payments, is on site at Money 20/20 USA this week as industry leaders gather to power the future of payments, fintech and financial services. From sessions on the global stage to the unveiling of dynamic data, Convera spotlights its mission to reimagine the future of business payments on a…
Jason Lane-Sellers, director of fraud and identity (EMEA) at LexisNexis Risk Solutions. SA’s youthful population and the rapid adoption of mobile payments is making it a prime target for financial crime, particularly the use of ‘money mules’ to move stolen funds, experts warn. Jason Lane-Sellers, director of fraud and identity (EMEA) at LexisNexis Risk Solutions,…
A New Hampshire woman who fatally shot two of her children and her husband this month before killing herself was under investigation on suspicion of stealing money from her employer, police said. The bodies of Emily Long, 34, Ryan Long, 48, Parker Long, 8, and Ryan Long, 6, were discovered inside their home in Madbury…
Stablecoins and central bank digital currencies (CBDCs) are gaining traction worldwide, and the South African Reserve Bank has told TechCentral it is watching the developments closely as it considers if – and how – the technologies could be implemented in South Africa. US President Donald Trump last month signed the Guiding and Establishing National Innovation…
Scam alert: No, you can’t ‘earn money watching videos’ on platform called PesaTube IN SHORT: Claims that a company called PesaTube is paying social media users to watch videos daily are false, and similar to a previous scam Africa Check debunked. According to a message sent to Africa Check on WhatsApp, users can “earn money…
Vodacom Group CEO Shameel Joosub Vodacom Group on Wednesday said it facilitated US$460-billion (R8.1-trillion) in transactions through its mobile money platforms in the past year, including in Kenya, underscoring just how important financial services has become to the JSE-listed telecommunications operator. “The sustained growth of our financial services is particularly pleasing as this seeks to…
The fraudsters used the name of a genuine US-registered company to create an illusion of credibility. A number of South Africans have been left devastated after falling victim to an online Ponzi scheme known as Medical Digital Intelligence (MDI). Promising high returns through supposed investments in virtual pharmaceutical products, the scam has swindled citizens out…
Sub-Saharan Africans boosted their savings at the fastest pace in more than a decade, driven by the growing impact of mobile money accounts across the continent. The share of adults in sub-Saharan Africa who saved through formal channels surged by 12 percentage points to 35% in 2024, the second-highest regional rate after East Asia and…
