Tag: identity management
Digital identity future trends
As essential services continue to digitise at an increasing rate, digital identity will remain central for businesses and governments. In many cases, digital identity is recognised as the first line of defense in protecting funds and data. As a result, business attitudes toward digital identity are evolving fast.
Identity platforms – safeguarding your online betting
Online betting in South Africa is a thriving business, expected to become a billion-dollar sector within four years. But there are risks, especially as the digital era makes it easy to forge identities. Betting companies must manage fraud risks and honour legislation, avoid financial and reputational damage, and continue investing in customer relationships.
What is perpetual KYC and why is it important
Know Your Customer. This phrase is a focal point of modern financial regulations, particularly concerning anti-fraud and anti-money laundering requirements. But KYC is even more valuable for managing risks with bad customers, speeding up transactions, and getting more business on the books.
Automated reasoning goes under the hood of business
When the cost of failure is high, when lives could be at stake along with massive investment, how does one calculate verifiable outcomes? Artificial intelligence (AI) is all very well when dealing with probabilities, but sometimes only certainties are good enough.
The impact of blockchain technology on the retail sector
During its formative years, blockchain technology became synonymous with the advent of cryptocurrency. Today, its use cases have transcended the world of finance, expanding into sectors such as retail. In Africa, its application in payment technology has demonstrated blockchain’s ability to revolutionise several touchpoints from supply chain to final sale.
Dealerships are now accountable institutions – how can they adapt?
Late last year, South Africa changed the Financial Intelligence Centre Act (FICA) to alter the status of several business types, including motor vehicle dealers. Under the new changes, dealerships are accountable institutions. How does this affect their operations, and can they adapt to the new requirements?
Gearing for the future home in the 5G era
As the promise of fifth-generation (5G) wireless broadband begins to become a reality, the role of communication services providers (CSPS) will change. The future home and indeed lifestyle will be built around massive amounts of data and pervasive information flows in the home.
How will the technology landscape change in 2019?
Until now, our industry has spoken about innovative technologies somewhat theoretically, without providing a clear picture of how these powerful new innovations will be used. This has left people without a solid understanding of how they will ultimately manifest in our work and personal lives.
