mule accounts News
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- Capitec Deploys Real Time AI Protection Tool After Blocking R642 Million In Fraudulent Transactions
Published: Apr 18, 2026
Section: Africa
Capitec has launched a proactive fraud prevention feature within its banking app to identify and pause high risk payments before funds exit accounts. The strategic rollout follows...
- Capitec Thwarts R642 Million in Fraudulent Transfers as Criminals Shift Focus to Behavioral Exploitation
Published: Apr 3, 2026
Section: Africa
South African banking giant Capitec successfully blocked over 394,000 fraudulent transactions in the past financial year, protecting clients from more than R642 million in potentia...