
Discovery Bank adds crypto trading, AI monitoring, and in-app insurance
Clients can link to their existing Luno accounts – or create one in-app – to buy, hold, and sell more than 50 crypto assets.

Clients can link to their existing Luno accounts – or create one in-app – to buy, hold, and sell more than 50 crypto assets.

Despite high penetration and digital sophistication, local insurers must turn strategy into action, embedding cover, simplifying products, and building ecosystems to capture the continent’s next growth opportunity.

The new Integrated Regulatory System will deliver a single, unified view of entities and support an activity-based supervisory model aligned to COFI’s principles.

The industry is moving beyond sales models towards relationship-led, purpose-driven engagement built on trust, transparency, and technology.

Advisers can highlight their human edge by spotting common gaps in AI-generated DIY plans, from overconfidence in returns to blind spots in risk protection.

Experts warn that AI tools may quietly drive price-fixing and collusion, posing a new threat to competition law.

From early-warning systems in liability cover to behaviour-based motor premiums, local insurers are adapting AI tools to South Africa’s unique risks.

A top priority is supporting National Treasury in finalising COFI and rolling out the themed frameworks.

Beyond one-off fakes, syndicates are exploiting AI to reuse damage photos and cloned invoices across multiple claims.

As artificial intelligence accelerates a quiet revolution in active asset management, Coronation’s Peter Kempen argues the future lies in blending AI’s speed and scale with human intuition and judgment.

Research by the Financial Planning Standards Board finds 64% of advisers are already using or piloting AI tools to streamline client communications and workflows.

Unathi Kamlana says the Authority will support the integration of advanced technologies and strengthen frameworks for consumer protection, cyber resilience, and financial inclusion.

The US economy continues to surge ahead, driven by AI investments, resilient corporate growth, and strategic monetary policy.

DeepSeek’s new AI has sent shockwaves through stock markets. Schroders shares insights on how this shift may alter chip demand and influence technology giants.

Industry leaders at the IAIS annual conference unpack key risks facing the global insurance market, including the impacts of rising interest rates, geopolitical threats, and the growing role of AI.

The increased use of AI will demand a major build-out of data centres and greatly increase electricity consumption.

FSCA Commissioner Unathi Kamlana underscores the importance of balancing the costs and benefits of regulation to foster innovation and protect consumers.