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AI News

Nico Steyn

IoT.nxt beefs up management team

Internet of Things (IoT) innovator IoT.nxt has beefed up its management team to handle global growth as the roll-out of its solutions picks up pace across different territories. IoT.nxt has offices in South Africa, The Netherlands and USA. South African telecoms company Vodacom, a subsidiary of Vodafone, acquired a majority…

AI

F5 Introduces AI-powered Solution that Blocks Fraud

F5 introduced Shape AI Fraud Engine (SAFE), a new SaaS solution that eliminates fraudulent online transactions that get past existing fraud tools. Leveraging Shape’s industry leading expertise, SAFE utilises a battle-tested AI engine to evaluate each online transaction across a variety of telemetry, environmental, and behavioral signals to accurately understand user intent and block human fraudsters—before the fraud occurs.  Legacy fraud tools rely on weak data signals and static rules…