
AI vaults from fringe concern to top-tier business risk
Small and mid-sized businesses face heightened AI risks, but targeted support from insurers and advisers can help bridge the gap.

Small and mid-sized businesses face heightened AI risks, but targeted support from insurers and advisers can help bridge the gap.

The use of generative AI in search is on the rise and has profound implications for search engines like Google, as well as for companies that rely on clicks to make sales.

Regulators warn that digital-market growth is outpacing consumer protection and local-job safeguards.

In response to South Africa’s greylisting, the Authority has grown its AML/CFT team, increased on-site inspections, and ramped up fines.

The two-pot system has changed how members check balances and withdraw funds, but evidence shows the reform alone won’t fix long-term retirement shortfalls.

Compliance expert Anton Swanepoel says financial services providers must adopt a winning mindset, strategy, and tech-driven approach.

Early preparation for COFI will give firms a competitive edge and help to avoid the compliance scramble seen during FAIS implementation.

Momentum CEO Jeanette Marais says the future of scalable, effective financial advice lies in blending smart tech with emotional intelligence.

The revamped website will centralise all regulatory tools and services into one easy-to-navigate platform, making it simpler for FSPs to locate compliance information, verify credentials, and track enforcement actions.

With the integration of Assupol well under way, Sanlam is working to streamline its operations and enhance its market position.

Sava, a fintech startup backed by Access Bank South Africa, has received regulatory approval to launch a digital banking platform tailored to SMEs.

But with challenges around outdated systems, procurement bottlenecks, and cybersecurity risks, will the government be able to harness the full potential of South Africa’s digital future?