Capitec stock advances security push with AI Scam Checker

Published on 11/11/2026 at 03:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capitec stock is linked to a new AI tool that screens suspicious links and messages in its banking app. The rollout targets millions of customers.

Capitec strengthens digital security

Scam Checker assesses suspicious links and text messages inside the Capitec app.
The rollout is gradual, while a separate trusted-approver feature remains in development.

Capitec Bank, ZAE000035861, Illustration mit AI erstellt.

Capitec is rolling out an AI-powered security tool that lets customers assess suspicious links and text messages before they click or pay. Hypertext reported on November 9 that the bank is making Scam Checker available gradually to its customer base.

Security tool targets early scam detection

Customers can submit a suspicious link or SMS through the Capitec app. The tool returns a green, amber or red risk assessment with an explanation of the warning signs identified.

Capitec said the service is available through the My Security Centre and the app sign-in screen. That positioning allows customers to check content before signing in, according to the report.

The company cautioned that a low-risk result does not prove that a message or the person behind it is genuine. A legitimate link can still be embedded in a fraudulent request.

Further protection remains in development

Capitec is also developing Trusted Approver, a separate feature that would allow a customer to nominate another person to approve or decline payments. The proposed function could also let that person pause the customer's app and freeze cards, but it is not part of the current rollout.