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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 paying off debt.
The latest DebtBusters Debt Index for the first quarter of 2024 shows that persistently high interest rates and inflation – especially food inflation – continue to erode consumers’ disposable income, while a lack of any meaningful economic growth is constraining salaries.
Facial biometrics and the fight against injection attacks Facial biometrics are no longer a futuristic nice-to-have; they’re now a frontline defence against fraud. Yet...
3D and 2D face matching are two of the most talked-about identity verification technologies on the market, but understanding the difference could be the...
If you’re in financial services, fintech, or healthcare and still managing compliance manually, it’s time to automate. Paper-based checks slow you down — and...
What is the global standard for identity proofing? Identity proofing has become the backbone of secure digital transactions. Whether you’re onboarding a new customer,...
OCR, or Optical Character Recognition, is a technology that enables computers to read and interpret printed or handwritten text. OCR has revolutionised how businesses...
When it comes to preventing digital fraud, many businesses are still using tools built for a different era. Passwords, photos, OTPs, they’re easy to...
In the digital age, verifying identities has become more crucial than ever, and that’s where PhoneID comes in. PhoneID is a powerful technology that...
For many South African businesses, identity verification has meant one thing: the Department of Home Affairs (DHA). But when systems go down, API calls...
AVS, or Bank Account Verification Service is transforming how businesses verify bank account details and protect themselves from fraud. Advanced AVS ensures that an...
For anti-money laundering (AML) teams, the stakes have never been higher. Compliance pressures are mounting; onboarding timelines are shrinking, and procurement demands faster, more...
