Regulations must enable businesses to use stablecoins for cross-border payments. (Graphic made via GenAI) Proposed foreign exchange regulations risk locking South African businesses out of a fast-growing global payments system built on stablecoins. There is also an outdated understanding of how digital money actually moves, say two of the country’s leading crypto executives. In April,…
A judge ruled Tuesday that transgender people won’t face criminal charges for using Idaho public restrooms that match their gender identities. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The ruling from U.S. District Judge Amanda Brailsford puts on hold enforcement of key components of a law adopted…
Google will appeal a German court ruling which said it is legally liable for false claims appearing in AI Overviews, the US tech company said on Friday, in a case that will likely impact other AI developers. The challenge came after a Munich court issued a landmark judgment against Google’s AI-generated summaries that appear above traditional search…
Chipo Mushwana, Nedbank’s executive for payments and technology AI agents are already initiating financial transactions on behalf of people, and South African banks were not built for that. That was the central warning at Nedbank’s Innovation Day in Johannesburg last week, where banking and technology leaders said the industry’s biggest blind spot is not AI…
Mark Palmer, board director for the Cloud Security Alliance South Africa Chapter and security go-to-market lead for Microsoft SA. The explosive enterprise rush to deploy autonomous AI agents has triggered an identity and governance crisis, rendering traditional corporate defence models “completely insufficient” to handle machine-to-machine risk, according to Mark Palmer, board director for the Cloud Security…
Joe Tidy, dedicated cyber correspondent at BBC (Photo: Strike a Pose Studios) Teenage hackers pose an increasingly serious threat to organisations around the world, as they cross traditional lines in their behaviour, and they are motivated by chaos and a desire for infamy as much as they are driven by money. This is according to…
Check Point chief technology officer Jonathan Zanger Check Point Software Technologies, a pioneer and global leader in cybersecurity solutions, today launched its Agentic Network Security Orchestration Platform, a purpose-built autonomous agent architecture that executes network security operations across enterprise environments, without requiring constant human intervention. The launch continues the company’s mission to transform the way…
A US federal jury in Oakland, California, has ruled against Elon Musk in his high-profile lawsuit against OpenAI. The unanimous verdict found the artificial intelligence organization not liable for allegations that it strayed from its founding mission to develop safe AI for the benefit of humanity. The jury deliberated for less than two hours before…
Home affairs minister Leon Schreiber has gazetted draft regulations that pave the way for a smartphone-based digital identity system in South Africa, with banks and other private-sector “trusted entities” potentially able to operate enrolment points and receive automatic updates from the national population register. The draft amendments (PDF) to the identification regulations of 1998, gazetted…
In African countries, there’s a gap between the financing available for renewable energy and the projects its meant to reach. Funds are not reaching the right places and even as more funding is announced for clean energy, many projects don’t get off the ground because the financial tools available don’t fit their needs. For example,…
