Nedbank

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South African artificial intelligence and drone startup closes Series A funding round

Aerobotics, a South African startup that uses machine learning and artificial intelligence to process satellite and drone imagery and deliver insights to farmers, reports that it has successfully closed a Series A funding round of approximately $2 million. The funding round saw participation from investors such as Nedbank Group, AgFunder,

Beware of a new Internet banking scam

Consumers are urged to avoid falling victim to a new banking scam whereby fraudsters remotely take control of your computer over the Internet, and gains access to your Internet banking profile. Fraudsters are sending unsuspecting consumers fake emails notifying them that fraud has occurred on their respective bank accounts’ or