March 2, 2020

Regulations to tackle overindebtedness

In the face of economic uncertainty, nonexistent growth and record unemployment, already overindebted consumers are struggling to meet their debt commitments. According to TransUnion’s Q4 2019 CCI report, which measures consumer credit health, 908,000 of the country ’s 58-million active consumer accounts are in arrears by three months.

March 2, 2020

Multilayered approach needed to manage rising fraud threats

Statistics released in 2019 by the Southern African Fraud Prevention Service revealed a rise in identity fraud using both real (99%) and fabricated (48%) identity documents compared to 2018.

March 2, 2020

Alternative lending market: data is key

Digital technologies such as artificial intelligence (AI), machine learning, robotic process automation, data analytics and blockchain are transforming the global credit management industry.