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Capitec Deploys Live Mule-Account Traps to Catch Fraudsters
South Africa's Capitec Bank has deployed a live mule-account detection and trapping system designed to identify and neutralise fraudulent account networks in real time. The tactic is being described as a novel, potentially exportable anti-fraud approach relevant to digital banks across the continent.
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- Capitec is setting traps for scammers’ mule accounts · techcentral.co.za · T2