IT in Banking

How AI helped TymeBank gain 670K customers

Innovative use of AI, machine learning and big data enabled the digital-only bank to gain thousands of customers within eight months of its launch.


SA needs effective laws to curb cyber crime, say experts

The country needs to revamp its cyber crime laws, say legal experts, who believe the Reserve Bank has set an exemplary regulatory effort that should be followed.


Lazarus group behind North Korea’s cyber attack on SA

Kaspersky Lab blames the notorious cyber crime gang for SA’s recent cyber attack emanating from North Korea

14 Aug

Absa in tech risk balancing act

As the bank introduces digital solutions, its key challenge is dealing with an increase in fraud, particularly incidents related to social engineering.


Global spend on blockchain solutions balloons

International spend on blockchain solutions is expected to reach R41 billion by the end of the year, driven by banks, says IDC.


Online platform looks to ease home loan applications

MortgageMe is an online bond aggregator dedicated to helping aspiring property buyers find the right fit.


Final call for ‘Women in ICT’ entries

Standard Bank and the communications ministry invite leading females in ICT to enter their competition, but entrants only have until midnight tomorrow to apply.


Absa CIO Jacques Barkhuizen switches to Vodacom

2018’s Visionary CIO of the Year Jacques Barkhuizen has been appointed Vodacom’s CIO and managing executive for digital.


TymeBank appoints new CEO

The digital bank names Tauriq Keraan its new chief executive officer, replacing Sandile Shabalala who resigned in June.


Mastercard’s Community Pass delivers essential services to underserved communities

Mastercard has unveiled a digital infrastructure platform that will enable individuals, without formal identification, to access a variety of services and benefits.

5 Aug

FNB expands ‘Tap and PIN’ ATM transactions

The bank intensifies the roll-out of contactless ‘Tap and PIN’ functionality to 600 more ATMs cross SA in the next 12 months.