07/13/2023
The FCCPC Boss also spoke on involving the use of AI to boost the processes involved in money lending by these online banks, saying FCCPC will regulate its application to forestall abuse of consumer rights.
07/10/2023
The Chief Executive Officer of the FCCPC, Babatunde Irukera, said the commission was ready to permanently shut down the activities of these apps.
07/03/2023
“When the cloud frenzy first started, everyone thought it would be significantly cheaper. But the South African market has matured, they understand the need for cost optimisation and careful management.”
06/29/2023
“By embracing open banking, traditional banks can stay competitive and offer new and improved financial products and services to their customers,” it said.