Tag: RegTech
Fraud defence – do silos still work?
The Financial Sector Conduct Authority's (FSCA) call for a centralised anti-fraud hub at its 2026 conference reflects a timely recognition that South Africa's financial institutions (FIs) cannot successfully fight financial crime in isolation. However, centralisation alone is not enough.
Real-time payments demand real-time intelligence
Africa is building one of the fastest-growing instant payment ecosystems in the world. However, transaction speeds now move in seconds. Fraud detection frameworks still operate in minutes, hours or even days. This gap creates a dangerous asymmetry. Payments are becoming real-time, while risk management often is not. As a result, real-time payments continue to outpace traditional control systems.
The property sector’s role in financial crime prevention
Stringent enforcement of Anti-Money Laundering (AML) regulations places heavy responsibility on banks and other Financial Institutions (FIs). These institutions must take great care when onboarding customers. They must also track the source and destination of funds to ensure compliance. However, FIs do not operate in isolation.
