Bookmakers want banks to cut off offshore online gambling sites

Bookmakers want banks to cut off offshore online gambling sites

Licensed South African bookmakers have called on banks and payment providers to block transactions to “illegal” offshore gambling platforms, which they claim now account for nearly two-thirds of all online betting activity in the country. The South African Bookmakers Association (Saba) has said in a new report it commissioned from global gaming research firm YieldSec…

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Everything you need to know about online fraud

Everything you need to know about online fraud

Harold van Graan, chief revenue officer, Solid8 Technologies. Let’s kick off with an obvious question, namely: what is online fraud? Fraud is variously defined as a deception or misrepresentation; a perversion of truth to convince someone to part with something of value or surrender a legal right. Online fraud encompasses both financial fraud and identity…

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Africa: 6bn People Online, 2.2bn Still Offline, Says ITU

Africa: Techmoni Africa Is Now Live – Dedicated Online News Publication for Fintech, Web3, and Forex

The publication provides exclusive coverage of financial technology, blockchain, cryptocurrency, decentralised finance, and forex trading developments across Africa. Techmoni Africa, the go-to destination for Fintech, Web3, and Forex news in Nigeria and Sub-Saharan Africa, has announced its official launch. The publication provides exclusive coverage of financial technology, blockchain, cryptocurrency, decentralised finance, and forex trading developments…

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Rep. Dan Crenshaw says misinformation played role in primary loss, asks “are you going to believe everything you read online?”

Rep. Dan Crenshaw says misinformation played role in primary loss, asks “are you going to believe everything you read online?”

Rep. Dan Crenshaw, who recently lost a primary to a more conservative challenger, said Sunday that while he believes misinformation played into his loss, American voters need to pay better attention to the truth. “So the lesson to be learned is like, you’ve got to get the truth out,” Crenshaw said on “Face the Nation with…

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Provinces ordered to enforce ban on online casinos

Provinces ordered to enforce ban on online casinos

The National Gambling Board (NGB) has reiterated that online gambling remains unlawful in South Africa and has issued a formal notice to all provincial licensing authorities to this effect. It provides guidance on compliance obligations in respect of remote gambling infrastructure and applicable technical standards. The board said on Friday that interactive and remote gambling…

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Home affairs to move all visa processing online

Home affairs to move all visa processing online

Home affairs minister Leon Schreiber The department of home affairs plans to shut down all tourist visa processing at South African missions abroad, minister Leon Schreiber has announced, with all applications to be routed instead through the department’s Electronic Travel Authorisation system. Speaking at the release of a Special Investigating Unit interim report on Monday,…

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