Fraud/Crime / General

Imagine a million AI agents trying to hack your systems

If you think artificial intelligence (AI), cryptocurrency and quantum computing are rocking your world, then spare a thought for your colleagues and peers trying to stay ahead of the game in the fast-paced world of anti-money laundering, fraud and financial crime. Hot on the heels of the 2026 Insurance Crime Bureau Conference, your writer found himself in the mix at the nCino KYC Africa Fighting Financial Crime event.

When fraudsters can’t make you a victim, they may turn you into a money mule

With persistently high youth unemployment, South Africa faces a growing threat from fraudsters exploiting desperate and vulnerable young people.

How collaboration and shared intelligence is crushing insurance crime

Collaboration and shared intelligence are among the tools that South African advice practices and product suppliers must leverage to have any hope of combatting rampant financial crime and fraud. The opening call to attendees at the ICB Annual Conference 2026 was to look for ways to be better at home and at work, and to go the extra mile to build a society that future generations will be proud of. And the advisers, brokers and insurance professionals among FAnews’ readership are well placed to respond.

South Africa Had the Highest Rate of Suspected Digital Fraud Among African Countries Analysed