McKinsey predicts a second wave of automation and AI emerging in the next few years. Here machines will do between 10% to 25% of work across bank functions.
Perpetrators of financial crimes include organised criminals, business leaders, corrupt heads of state, corporate and state employees at all levels, suppliers and corporate customers.
Despite positive advances in financial inclusion on the continent, 95% of all consumer payments in Africa are still made in cash, writes Mark Elliott, Division President of Mastercard Southern Africa. Why is this such a bad thing? For the people and microentrepreneurs...
