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.
06/06/2023
The Kenyan version of the CBDC, whose introduction has been under debate for the last few years, prompted the CBK to issue a discussion paper in February last year but the feedback points to more threats than opportunities.
06/06/2023
By analysing the global and local landscape, identifying challenges and opportunities related to AI and smart technologies in South Africa, SAAIA has shaped its vision.