Capitec uses ‘ghost stop’ and ‘landmine selfie’ to trap fraud mule accounts
The bank keeps identified mule accounts open and adds surprise biometric checks to make scams unprofitable
Tech & Telco tracks South Africa’s mobile operators, fintech, data infrastructure and the regulatory decisions shaping digital business here — from spectrum policy to the data centre boom straining the national grid. The angle is always local: what a global technology trend or a telecoms regulatory decision means for a business or consumer in South Africa specifically.
The bank keeps identified mule accounts open and adds surprise biometric checks to make scams unprofitable
Monday, 12 October
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