AI is becoming central to how South Africans shop, reinforcing a shift toward strategic spending, says SpendTrend26.
Capitec CDO Azhar Said explains how decision intelligence slashes AI costs to drive financial inclusion.
Inflation data lags consumer behaviour, excludes the informal sector and misses the fuel price shock already being felt.
Government-led data integration is accelerating digital transformation in phase two of Operation Vulindlela, reveals National Treasury.
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
The bank marks 25 years with strong earnings growth, AI investment, smart ID rollout and expanding digital services for 26 million clients.
The Draft Capital Flow Management Regulations could reshape the local crypto market by increasing compliance requirements.
A well-functioning IFRS 9 framework is controlled, transparent and repeatable, says Theunis Jansen van Rensburg, head of analytics at Principa.
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
The digital bank is expanding its mall-based customer hubs, while accelerating AI-powered app development and product growth.
The certification confirms alignment with internationally recognised requirements for risk management, security controls and continual improvement.
Lumetrade is a regulated digital asset trading venue designed to meet the execution and compliance standards that institutional participants require.
No consumer data was breached after files allegedly containing sensitive payment system data appeared on the dark web, says Adumo.
The bank has been preparing for the possibility of client and company-related data being made public, which “now appears to have been published”.