Both de-cashing and Cash 4.0 will play a role in the South African market for the foreseeable future, says Barry Röhrs, director at Röhrs and Associates and MoData advisor and partner.
In increasingly complex environments, manual financial reconciliations have become more time-consuming and labour-intensive, says Darren Turnbull, CEO of MoData.
Behavioural insights offer a solution to prevent fraud, and local banks should adopt it to protect customers, says Clive Gungudoo, financial crime and risk management specialist at MoData.