Insights / News

Great articles updated weekly

With so many terms and phrases flying around as businesses grapple with ensuring their FICA compliance, we have broken down the differences between three common terms: KYC, CDD and AML....

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Understand what businesses are classified as High-Value Goods Dealers (HVGDs) in South Africa and how HVGDs can comply with FICA....

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Estate agents and law firms have until May 31st to comply with the FIC's new due diligence requirements, or face serious fines. However, this does not need to be scary and we can help you easily become compliant....

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Which industries incurred the largest total AML non-compliance fines in 2023 and what can your business do to easily ensure its AML compliance?...

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Transparency International has downrated South Africa's levels of corruption, meaning that the country is sinking further and further below the globla average. What does this mean for your business?...

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2024 is set to contain many general elections all around the world, meaning that there will be an increased risk of AML/CFT non-compliance. Find out how to stay compliant with ThisIsMe's ongoing monitoring solution....

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As the world struggles to regulate Ultimate Beneficial Ownership (UBO) structures, how do South Africa's new UBO laws compare and what do they mean for your business?...

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An Account Verification Service (AVS) check can mean the difference between secure transactions and being defrauded of millions of Rands. This is why they are so important....

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Global rates of consumer fraud are skyrocketing and South Africa is leading the charge. Why should your business care and what can you do about it?...

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South Africa has experienced one of the highest increases in deepfake identity fraud in the world - what can your business do?...

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Why are Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) laws essential? The Binance experience proves why....

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South Africa's Financial Intelligence Center has created a new Forensic Unit to combat high-level financial crime. What does this mean for SA's grey listed status?...

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What do South Africa's new laws for beneficial ownership mean for your business's AML regulatory compliance obligations?...

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South Africa's new beneficial ownership laws have serious compliance obligations for businesses. But why have they been implemented and how are they linked to greylisting?...

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More than seven months since South Africa was placed on the FATF's greylist, the South African Treasury has given an update on the de-listing progress....

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Our company has begun using WhatsApp business to communicate with our clients and provide alerts and system announcements....

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In a world of rapidly evolving identity fraud techniques, new buzzwords can often be confusing. Is synthetic identity fraud simply a new buzzword, or a new and evolving threat?...

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As new fully digital banks rise to challenge the financial establishment by taking new approaches, so they encounter new threats. Is greater identity fraud one such threat?...

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Having suffered a record number of cyberattacks, providers of due diligence and identity verification technologies must learn from the Kenyan experience....

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Across the world, AML compliance procedures in the financial services industry play a vital role in helping to curb illicit arms trading....

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Thank you for speaking to us at the Seamless Africa conference in Johannesburg. Having made dozens of brilliant connections, what happens now, and how can we take things further?...

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What is digital onboarding and why has it transformed the employee onboarding process for high staff turnover industries?...

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What is behind South Africa's push for a state-owned bank, and are its prospects good?...

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The risks of doing business online and the digital tools to address them....

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How new banking tech is opening new markets, but also bringing new risks....

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What has happened to South Africa's push for digital identities? How a highly successful pilot project has faltered and stopped....

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Understand the most recent recommendations from the FATF on the using the RBA to mitigate MF/TF risks in the real estate sector....

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Terrorism financing represents a significant risk for any businesses operating in African economies. To understand how to address these threats, businesses first need to understand the nature of the problem....

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See the new regulations for cryptocurrency traders in South Africa and understand how to ensure regulatory compliance....

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ThisIsMe has reduced pricing onkey PEP/DPIP & FPPO checks by up to 50%, making ThisIsMe's solutions some of the most cost-effective digital tools available in SA...

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What has been the real impact of greylisting on South Africa's economy and what does the future hold?...

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Understand how FICA may impact your regulatory compliance obligations and how you can remain FICA compliant....

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Understand what makes a world-class AML/CFT system and why South Africa has failed to do so....

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With new insights from PwC's 2022 Global Risk Survey, understand how tech is helping the financial services industry to overcome novel challenges....

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As new forms of economic crime emerge – such as platform fraud – industries need to quickly understand new threats and learn how to mitigate them....

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Understand how EDD tools like adverse media checks empower companies to make informed decisions and avoid critical reputational damage....

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Understand the risk of platform fraud and how tools for identity verification, data validation and risk assessment can help to protect your business....

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How the risk of South Africa being greylisted by the FATF will affect AML/CFT regulatory compliance obligations within and outside the country...

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How the threats of corruption and economic crime can be addressed with PEP checks, Enhanced Due Diligence, KYC and identity verification services...

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Analysts predict there is an 85% chance that South Africa will be greylisted by the FATF. Why is this happening and what did South Africa do wrong?...

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Why corruption poses such a threat to businesses and how it can be mitigated with enhanced due diligence and pep checks...

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How the evolving nature of fraud is changing how businesses use due diligence, risk assessment and identity verification services in South Africa...

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Understand how the threat of occupational fraud - estimated to cost the global economy $4.7 trillion per year - can be addressed with KYC...

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Understand how the ACFE’s new report into occupational fraud empowers businesses to proactively combat occupational fraud....

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A new prepaid offering from ThisIsMe allows companies with a smaller requirement to easily fulfil their verification needs...

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A new report into occupational fraud reveals key trends and insights and empowers businesses to proactively address the threat of fraud....

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Grasp the concept of social engineering fraud and understand how it is used to commit some of South Africa’s most costly types of economic crime....

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Understand how new KYC solutions allow businesses to conduct comprehensive identity verification within a seamless, world-class customer experience....

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“Spoofing” and identity theft pose an immense threat to businesses. Understanding spoofing is crucial to protect against this economic crime....

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Social engineering explained with a focus on how phishing, vishing, smishing and spoofing pose some of the greatest threats to businesses today....

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Understand why maintaining consumer and stakeholder trust is essential for any business, and why failing to do so can become an existential issue....

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Understand how to secure business perimeters and combat the new threats posed by external perpetrators of economic crime....

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Understand how and why private sector innovation has transformed and continues to enrich AML/CFT regulatory compliance for businesses....

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How private sector innovation has enabled businesses to overcome compliance challenges and provide world-class customer experiences....

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Why has the technology industry suffered higher rates of economic crime, and how can the industry guard against evolving external threats?...

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Understand the operational risk of third-party business relationships and why enhanced due diligence is indispensable for suppliers....

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As we rebuild after the pandemic, identity verification, enhanced due diligence and supply chain risk management are crucial to fight economic crime....

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Examining how the due diligence process can reduce operational risk and fight South Africa’s rise in economic crime, vendor fraud and customer fraud...

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What are the differences between SA’s and China’s data privacy laws, and how might China shape the global future of personal information protection?...

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Summarizing South Africa’s AML/CFT regulations and assessing AML compliance, risk management, PEP and sanction checks, and the role of the FATF...

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Essential summary of China’s PIPL to help your business understand its personal information and data privacy regulatory compliance obligations....

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Introduction to how the revolutionary DebiCheck mandate system eliminates debit order fraud by allowing you to verify legitimate transactions....

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Protect against SIM swap fraud, identity theft and economic crime with comprehensive identity verification and due diligence solutions....

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How the AC/DebiCheck system and the Twin Peaks financial model will help to fight fraud and economic crime in South Africa....

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South Africa’s deficient anti-money laundering regulations, risk management processes, politically exposed persons checks and risk-based approach...

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Cybercrime (and economic crime in general) have reached record levels. The Cybercrimes Act gives South Africa a chance to combat this scourge....

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What is cybercrime? Why did previous legislation fail to protect South Africans, and why the new Cybercrimes Act is vital for SA’s digital safety....

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Understand the definition of cybercrime, examine the regulatory compliance obligations for SA businesses, and grasp SA’s cybercrime statistics....

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What are your rights as a data subject? Five crucial POPIA conditions explained and analysis of why POPIA and data privacy laws are so important....

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What are your rights as a data subject? Five crucial POPIA conditions explained and analysis of why POPIA and data privacy laws are so important....

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