Michiel Le Roux's Capitec blocked $43 million in fraud losses using AI that scores every payment in real time

Billionaires.Africa 28 h Botswana

Capitec has revealed that its AI-powered payment screening system blocked $43 million in potential fraud losses for more than 113,000 clients in the year to June 2026, while flagging more than 394,000 potentially fraudulent payments.

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