LanDynamix highlights growing scourge of payment fraud in SA

LanDynamix highlights growing scourge of payment fraud in SA

LanDynamix Founder and CEO, Peter Clarke. Payment fraud is a critical and growing crisis in South Africa. It is costing billions of rands annually and showing massive spikes in digital banking and mobile app fraud. Criminals are increasingly utilising advanced social engineering, AI deepfakes and bank impersonation scams to manipulate victims into authorising transactions. This…

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‘System offline’ scourge to end, says Schreiber – but industry must pay

‘System offline’ scourge to end, says Schreiber – but industry must pay

Home affairs minister Leon Schreiber Home affairs minister Leon Schreiber has defended a huge increase in the fees it charges companies, including banks and telecommunications operators, to run checks against a national database for client verification. Following an initial pilot “that yielded promising results and further enhancements, home affairs will on 1 July 2025 begin…

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