Sectors

Companies

About

Home
/
Sectors
/
Fintech

Survey: One in 10 South Africans fall victim to cyber fraud

More than half of the respondents to a TransUnion survey said they were attacked by cyber criminals in the second quarter of this year.

Stitch makes second major acquisition

The local fintech firm acquires digital payments company Efficacy, to offer direct card clearing services to the market.

Payment terminal

Tactile introduces DUO POS Feitian F55: Unique dual display low-cost payment terminal

The Feitian F55 is an Android dual display double-sided smart POS terminal.

Tactile Technologies

South African Reserve Bank

SARB’s Prudential Authority plays tech catch-up

The central bank will need expert input to effectively implement regulations dealing with the latest technology, say analysts.

Department of Home Affairs

Biometric fee hike sparks search for alternatives

A sharp rise in the ID verification fees charged by home affairs sparks debate, with some suggesting digital alternatives, while others urge continued integration with official systems.

NSFAS fintech partners to challenge contract cancellations

In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1

Biometric fee hike 'threatens financial inclusion'

TymeBank warns that an additional R20 fee to instantly open a bank account will force people back into the risky cash economy.

South African Reserve Bank

Reserve Bank acknowledges SA’s ‘dynamic, vibrant’ fintech innovations

The South African Reserve Bank sees growing uptake of crypto-currencies and artificial intelligence within the country’s payments ecosystem.

ITWeb TV: SARB calls for financial innovations at G20 Techsprint

The South African Reserve Bank seeks tech solutions to help central banks and financial sector regulators to solve policy problems.

Huawei Cloud drives African FinTech innovation

Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking

Lesaka Technologies to acquire Bank Zero for R1.1bn

The fintech group agrees to a transaction consideration of up to R1.1 billion for the acquisition of the South African digital bank.

TransUnion makes minority investment in fintech firm

The credit bureau invests in Omnisient to boost financial inclusion in Africa using data and privacy-preserving analytics technology.

NCino KYC Africa

'Inconsistent enforcement allows financial crime to thrive'

nCino KYC Africa joined legal and fraud detection experts at the Fighting Financial Crime Conference and pressed the need for greater public-private partnerships in an effort to combat digital fraud.

Christopher Tredger

Minister in spat with TymeBank over biometrics fee hike

The Department of Home affairs is forcing SA’s poor to absorb the cost of maintaining the population register, says TymeBank.

SPONSOR MESSAGE

PRODUCT SHOWCASE

CO-SPONSOR MESSAGE