RELYCOMPLY BACKS FSCA’S CALL FOR ECOSYSTEM -WIDE FRAUD ACTION POWERED BY DATA AND TECH
Bradley Elliott, CEO of Anti-Money Laundering (AML) platform RelyComply According to the South African Banking Risk Information Centre (sabric), banking fraud losses in South Africa totalled more than R2.7 billion in 2024, with digital banking fraud accounting for nearly R1.9 billion. RelyComply endorses the Financial Sector Conduct Authority’s (FSCA) recent call for the financial sector to coordinate…

