SA consumers show growing preference for digital payments, with digital transactions surging on Black Friday.
A disbursement is a type of push payment that involves pushing funds from a corporate to a consumer’s card in real-time.
Three of the top five largest banks in the country use the technological solutions for identity authentication offered by iiDENTIFii, says Gur Geva, founder and CEO of iiDENTIFii.
SprintHive works with new digital-first banks and FSPs that use more traditional channels.
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
iK Tap on Phone makes it easier for anyone to accept secure card payments.
The collapse of the world’s third-biggest crypto exchange fuels negative sentiment on digital currency’s future.
The fintech firm rolls out its direct deposit payment method, expanding the options available through its API.
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
AppCentrix recently worked with FNB to implement monitoring as a discipline at the organisation.
The majority of local exchanges say they had no ties with FTX, the world’s third-largest crypto trading platform, which has gone bust.
The big-four bank reveals its customers use its Avo marketplace to find their next vehicles, amid rise in uptake.
The South Korean firm makes its digital wallet platform available to local consumers.
Stokvel members using FNB’s digital account contributed over R1.8 billion since launch in 2020.