IT in Banking

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IT in Banking

South African Social Security Agency

Yesterday

Applications for govt’s R350 social relief grant strictly online

Minister Lindiwe Zulu confirms the South African Social Security Agency will open online applications for government’s special COVID-19 grant on 6 August.

Wednesday

AI fraud detection in banking can make a difference

Artificial intelligence can oppose and defeat application fraud by detecting illicit activity early in the process, says Winjit.

First National Bank

Tuesday

FNB accelerates contactless payments with Apple Pay

First National Bank joins its counterparts by rolling out Apple Pay for its customers amid increased adoption of contactless payments.

Tuesday

Vehicle sales, B2B solutions head to Nedbank 'super app'

The big-four bank’s Avo marketplace will offer new propositions, such as vehicle shopping, business-to-business and healthcare solutions.

Simnikiwe Mzekandaba

Tuesday

FNB to deploy mobile ATMs in KZN, Gauteng

The bank has 10 mobile branches on standby to be placed in affected areas as and when FNB secures sites where mobile branches would be feasible.

Rapid Payments Programme

Friday

Rapid payments system to shake up SA’s banking sector

The industry-wide Rapid Payments Programme, led by BankServAfrica, is poised to radically transform the financial industry, allowing instant payments across all banks.

Sibahle Malinga

Friday

Standard Bank’s Instant Money tops 50k access points

The big-four bank’s digital wallet is now available at about 50 000 access points in SA, boosted by spaza shops and informal market partnerships.

29 Jul

First National Bank hunts for top tech talent

The bank will recruit 300 additional experts with engineering, technology and data skills to supplement its existing cohort of equivalent skills.

Standard Bank SA

28 Jul

Standard Bank bolsters chatbot with insurance claims function

The big-four bank enables insurance cover and claims capability via its WhatsApp-based chatbot.

28 Jul

Clients embrace digital banking but still want human interaction

While customers prefer to bank digitally, they still crave a human connection when it matters, a global banking survey finds.

28 Jul

Yoco scores R1.2bn funding to unlock capacity in Africa

The South African fintech firm plans to scale its financial ecosystem to Africa and the Middle East after securing Series C funding.

27 Jul

Capitec shrugs off COVID-19 bump, onboards 300 hires

The bank saw significant growth in recent months, buoyed by its digital offerings, which necessitated the need for new hires.

27 Jul

DebiCheck: The next chapter

Vaughn Hechter, head of customer services for NuPay and Delter, provides a better understanding of how the market has been responding to DebiCheck, and where there is room for improvement.