Frauds & Scandals

Veendhq’S Ai Platform Recoups ₦69 Million From Overdue Loans

June 16, 2026/Africa Wire VeendHQ says its AI-powered credit platform, Vida AI, helped recover ₦69 million from a ₦172.5 million portfolio of loans that were more than 90 days overdue, in a pilot that highlights the growing role of technology in loan recovery and portfolio management. The result comes at […]

Oversight Matters: Spotting Payroll Fraud in a Digital World

Companies combine oversight and payroll platforms to stop criminals from stealing millions May 19, 2026/Deel Local Payroll South Africa’s government has put payroll fraud in its crosshairs. In its latest Budget Review document, the National Treasury prioritises digital payroll systems for state entities, combatting what some outlets have reported as […]

How to Stop the Scammers Behind the Storefronts

Business is booming for fake merchants, but earlier warning signals can help banks spot risky sellers sooner, before consumers lose money, disputes snowball and trust is lost. Image Credit: Mastercard May 19, 2026/Mastercard By Vicki Hyman Director, Global Communications, Mastercard In the spring of 2020, COVID-19 transformed fear into a […]