Discovery Bank has launched a new set of security and AI-driven features aimed at protecting customers from rising financial crimes, particularly banking app kidnappings. This crime has become a growing concern in South Africa, where criminals force victims to unlock their phones and transfer money under duress. One of the most significant security additions is the panic code feature. This allows customers to enter a pre-set code when accessing their banking app in a threatening situation. While transactions will appear to proceed normally, the code will silently alert Discovery Bank’s fraud team. Once triggered, the system will monitor transactions, restrict suspicious activity, and use the phone’s GPS to track the user’s location. If necessary, law enforcement or an armed response team can be dispatched to the scene. In addition to the panic code, Discovery Bank has introduced hidden high-value accounts, allowing users to conceal large balances from the app’s main screen....