APP scam losses are on the rise, according to ACI Worldwide’s latest Scamscope report. Amid an ever-changing payments landscape, real-time payments are booming, offering significant value for financial institutions. At the same time, Authorized Push Payment (APP) scam losses are on the rise. To unpack these and other key trends in payments and fraud prevention,…
Hosted at the Hasso Plattner School of Design Thinking Afrika at UCT, 12 teams made up of students from UCT, Cape Peninsula University of Technology (CPUT), University of the Western Cape (UWC) and Eduvos took part. All competing not just for a prize, but for the opportunity to work with the Interledger Protocol (ILP) to…
Winning team Direla created a QR code-based payment system for low-income users and retail partners. The University of Cape Town’s (UCT’s) Financial Innovation Hub has crowned the winners of its fintech hackathon, with team Direla taking the top spot. Hosted in collaboration with the Interledger Foundation, the week-long hackathon saw 12 teams made up of…
