Orca Fraud ads

CB Insights analyzed the global fraud prevention landscape and named Orca to its list of top transaction monitoring tools. Of these, we are the only African player. African markets deserve top global fraud fighting solutions. We’re making sure that happens.

It was a privilege to share the Invest-ED Live stage with people whose careers look nothing alike. Our CEO Thalia Pillay joined attorney and creator Didi Karabo Khumalo and Investec ambassadors Cheslin Kolbe, Teboho Mokoena, Kaiyuree Moodley and Mpumelelo Mhlongo in a conversation with high school learners, and the parents and guardians supporting them. What stayed with us was how differently each of them got where they are. A law degree that became the foundation for a creator business. A sporting career built alongside study and a plan for what comes next. And Thalia’s: an engineering degree that led, through corporate tech, agritech and payments, to co-founding a fraud intelligence startup. Learners today will leave school for a working world that looks very different from the one most of us entered. Some of the roles they'll take on don't exist yet. Our own field is a good example, as AI changes what fraud looks like and creates work that wasn't there a few years ago. Thalia's advice to them was simple. You don't need a perfectly mapped-out career. Stay curious, try things, build and share your work, and ask for feedback along the way. Thank you to Investec for the invitation, and for investing in these conversations. Highlights below, and the full recording is in the comments.

A phishing message used to give itself away. Speaking to ITWeb TV, our CEO and co-founder Thalia Pillay explains why those tells are disappearing. Fraudsters run like start-ups, and they now have the same AI tools as everyone else, so the messages reaching customers are hyper-realistic. When there’s nothing for the customer to spot, the control has to sit with the institution. Thalia’s concern is that many institutions still concentrate that control at the perimeter, investing in onboarding and KYC without monitoring risk continuously across the rest of the customer journey. In her words, it’s like securing the front door and leaving every window in the house open. She also talks to Samuel Mungadze about how local fraud is, and why behaviour in Uganda can look very different from Nigeria or francophone markets. Watch the full interview on ITWeb: https://lnkd.in/dS5z5vRR

I've been a big believer in FRAML since the very beginning, even though I know some people hate the term. When the ACAMS South Africa Chapter asked me to talk about how fraud and AML teams can work as one, it was an easy yes. In most institutions we speak to, fraud and AML are looking at the same crime from opposite ends, in separate systems, with separate reporting lines. Now that South Africa is off the FATF grey list, the pressure moves from having the frameworks in place to proving they actually work end to end. Join us on 7 October at 3pm. Its free, and you'll earn 1 ACAMS CPD hour. If you work in fraud, AML, cyber or investigations, you'll find it super useful. Register here: https://lnkd.in/dExtVWvD

85% of South African adults came across a scam in the past year, according to the Global Anti-Scam Alliance. The same share said they felt confident they could spot one. Half still kept talking to the scammer. Orca co-founder and CEO Thalia Pillay spoke to Ciaran Ryan from Moneyweb about that gap and why AI is widening it. The old giveaways, like poor spelling and clumsy grammar, have largely disappeared. Scam messages now arrive personalised and in local languages, often built from data leaked in breaches. She also shares what Orca is seeing across the R82 billion in transactions it monitors each month, including voucher fraud emerging as one of the most common forms of financial crime in South Africa. And with only 6% of victims reporting to the authorities, most of this never shows up in the official numbers. Listen to the full interview on Moneyweb: https://lnkd.in/d2_RHiqG

Orca co-founder and CEO Thalia Pillay joins the ACAMS South Africa Chapter on Wednesday 7 October at 3pm SAST for a webinar on FRAML in the age of financial crime transformation. Fraud teams and AML teams have long optimised for different things, and that gap carries a real cost for anyone accountable for both. With South Africa off the FATF grey list, the conversation is shifting from proving the frameworks exist to proving they hold up end to end, and fraud/AML convergence sits right at the centre of that. Thalia will unpack what convergence means for regulatory compliance, risk visibility and investment decisions, and the questions worth taking back to your ExCo. It's free to attend and open to anyone working in fraud, AML, cyber or investigations. Attendees earn 1 ACAMS CPD hour. Register here: https://lnkd.in/dExtVWvD ACAMS