Not fraud in general & Not identity theftβ¦ β¦but document manipulation. SABRIC reports that vehicle asset finance fraud applications more than doubled in 2023, resulting inΒ π₯ππ―π―π»Β in losses. The LexisNexis True Cost of Fraud study shows...
Read Full Story »
ππ€πͺπ©π πΌππ§πππ ππ€ππ¨π£βπ© π‘πππ ππ£π£π€π«ππ©ππ€π£. ππ© π‘πππ π¨ ππ€π£π¨ππ¨π©ππ£π©, π§ππ‘ππππ‘π πππππ¨π¨. South Africa has world-class fintech capability and millions who could benefit from better products. Yet innovation depends on one thing: consumer-permissioned data that flows safely,...
Read Full Story »
Did you know that up to 70% of credit applications in South Africa are rejected? Not always because the risk is high, but often because financial visibility is low. Many economically active South Africans earn,...
Read Full Story »
Under the National Credit Act and its amendments, credit providers are required to perform affordability assessments before granting credit. In practice, this means reviewing a customerβs bank statement data – either through physical statements, uploaded...
Read Full Story »
