Articles

Digital identity verification – a crucial tool for motor dealership

The landscape of vehicle financing in South Africa is undergoing a significant transformation, especially in the context of identity fraud and money laundering. A critical aspect of this shift is the enforcement of the Financial Intelligence Centre Act (FICA), which now brings motor vehicle dealerships under stringent regulatory scrutiny.

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Getting to know Comcorp’s Bryan Orsmond

CIO South Africa caught up with Bryan Orsmond, CIO at Comcorp South Africa, who revealed that a career in IT has always been intentional. He says he wouldn’t trade it for another profession, although burning rubber on the racetrack would be a close contender.

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Banks Making Inroads in Combatting Home Loan Fraud

One would think the whole process of applying for a home loan would be immune to fraud. Not only does the bank providing the mortgage bond send an assessor to check the property, there is also a buyer, seller, estate agent and at least one lawyer involved – and there’s the bond registration process at the deeds office.

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Reduce The Hidden Cost of Onboarding

Our COO, Shanaaz Trethewey, shares her opinion on the ongoing debate about the rising customer acquisition cost. Unplanned downtime, customer perception, the cost of sophisticated fraud detection, and the inspection of potentially fraudulent documents are the key costs yet to be quantified in this equation.

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SA’s biometric power works

Biometric identification is nothing new. It has literally become a fabric of our everyday routine, with most of us having things like fingerprint recognition readily accessible on our cellphone. In the corporate world though, biometric identification plays a much more important role in fighting crime.

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