Transforming Data Management with OCR Managing vast amounts of data efficiently is crucial for businesses that deal with a lot of information and data....
Terrorist organisations heavily depend on financial resources to support their operations, including recruiting and training members, obtaining weapons, and carrying out attacks. Money laundering...
Data-driven Account Origination (AO) solutions are essential for modern businesses, enabling informed decisions during customer onboarding. However, this stage poses risks that must be...
Empower your business with powerful customer management solutions, from staying on top of FICA (Financial Intelligence Centre Act) requirements to building ongoing trust with...
AML (Anti-Money Laundering) verification refers to the procedures and checks those financial institutions, such as banks and accountable institutions, use to ensure compliance with...
South Africa’s major banks may not accept damaged green ID books as verification of a person’s identity, potentially creating big problems for naturalised citizens...
The Financial Intelligence Centre Act (FICA) has been amended to include many more businesses under the scope of so-called “accountable institutions”. This means these...
National Treasury has announced that South Africa is not expected to exit the Financial Action Task Force’s (FATF) greylist before June next year, aligning...
Criminals are creating synthetic identities by blending real personal details with fabricated information—a trend that has been further exacerbated by technological advancements and the...
With a new political elite on their way and two ministers from the sixth administration appearing in court for corruption, following FICA processes will...
South Africa’s Financial Sector Conduct Authority (FSCA) is targeting non-compliant financial services providers (FSPs) to meet the criteria for being removed from the Financial...
The government is on a mission to reverse South Africa’s greylisting in the international financial services sector, and consumers of financial services are likely...
Debt levels for South Africans earning more than R20,000 a month are reaching record levels, where households are now spending two-thirds of their income...
Reparative measures may have been taken to remedy the Companies and Intellectual Property Commission hack, which reportedly took place on February 29, 2024 however,...
Two primary data protection and financial regulation regulations are the Protection of Personal Information Act (POPIA) and the Financial Intelligence Centre Act (FICA). They...
Are you considering business partnerships in South Africa? Verifying a company’s registration status is vital for ensuring credibility and safeguarding your interests. At Datanamix,...
The blocking of IDs by the Department of Home Affairs without notice, timeous investigation and appeal processes, has been declared unconstitutional. High Court Judge...
Durban — Sensitive data of at least three-million entities and individuals who were registered with the Companies and Intellectual Property Commission (CIPC) could have...
South Africa’s auditing regulator is “concerned” about the country’s application of international accounting standards. A government entity that was supposed to oversee that SA...
Directive 8 aims to ensure that companies check the skills and honesty of both potential and current employees. It also requires screening employee details...