Biometric fee hike threatens financial inclusion, says TymeBank

Biometric fee hike threatens financial inclusion, says TymeBank

Cheslyn Jacobs, TymeBank chief commercial officer. TymeBank has warned that a proposed increase in biometric verification fees, from 15c to R10, could result in the financial exclusion of its low-income clients, particularly grant recipients, from formal banking. This, after the Department of Home Affairs (DHA) yesterday rolled out its new National Population Register (NPR). This…

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AI threatens originality, royalties for local musicians

AI threatens originality, royalties for local musicians

South African musicians and creatives must retain ownership of their work, says SAMRO. The proliferation artificial intelligence (AI) technologies is threatening the originality and authorship of South African musicians. This is according to the Southern African Music Rights Organisation (SAMRO), a copyright asset management society, in an e-mail interview with ITWeb. SAMRO was established by…

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