Tag: South Africa
Orca secures €550K to combat fraud in emerging markets
Orca, a startup based in South Africa dedicated to combating fraud in emerging markets, has successfully raised €550K in an oversubscribed pre-seed funding round, according to a report from Tech Funding News.
South Africa’s Justice Department suffers significant ransomware hack
The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.
Absa reveals customers’ data compromised in cyber breach
South Africa-based bank Absa has suffered a security breach that compromised personal data about customers.
Experian exposed the consumer data of 24 million South Africans in...
Credit scoring and comparison company Experian may have exposed the private data of 24 million South African customers and 800,000 companies in a cybersecurity breach.
TruID said to close seed funding round to support growth of...
South Africa-based TruID has reportedly closed a funding round which will help it to expand it customer base and product.
FSB tells South Africa’s authorities to do more to secure financial...
South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).
South African Reserve Bank fines HSBC for AML, CTF failures
The Prudential Authority of the South African Reserve Bank has fined HSBC Bank R 15m ($1m) for failures in AML and CTF.
Standard Banks takes over mobile payments player Firepay
South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
