the cash economy won’t die until digital ID arrives

the cash economy won’t die until digital ID arrives

Outgoing Nedbank COO Mfundo Nkuhlu South Africa will not shake its dependence on cash until it fixes identity, outgoing Nedbank chief operating officer Mfundo Nkuhlu said on Tuesday, arguing that a working national digital ID is the precondition for pulling the country’s unbanked into the formal payments system. “The key requirement will be the advent…

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Funding alone won’t solve 60,000-engineer shortfall, ISFAP warns

Funding alone won’t solve 60,000-engineer shortfall, ISFAP warns

South Africa’s growing shortage of engineering and information technology skills is putting pressure on the country’s infrastructure, digital economy and innovation ambitions. The Ikusasa Student Financial Aid Programme (ISFAP) is calling for stronger collaboration between government, schools, universities, industry and funders to help address the gap. Source: Supplied. Recent reports indicate that only 42% of…

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Biometrics alone won’t stop AI-powered fraud

Biometrics alone won’t stop AI-powered fraud

Eighteen months ago, one of South Africa’s largest retailers wasn’t worried about AI. Onboarding worked. Compliance checks passed audits. Fraud was a known, managed cost of doing business. Then a syndicate found them. The attack looked ordinary. Customers submitted genuine South African ID documents. Except they weren’t genuine anymore. Using AI, fraudsters had altered key…

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Judge rules transgender people won’t face criminal charges for using Idaho public restrooms

Judge rules transgender people won’t face criminal charges for using Idaho public restrooms

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…

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