MTN in mobile money offensive with Flutterwave partnership

This partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money.

Staff Writer

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IOCO

Sept 9, 2021

Modern banking

The bank chose iOCO to augment their development capabilities with staff on demand.

South African tech company, iiDENTIFii, achieves Microsoft global co-sell status

iiDENTIFii attains Microsoft co-sell partner status, with its biometric digital authentication and automated onboarding solution hosted in Microsoft Azure.

Nedbank adds new features to digital banking channels

The bank introduces cardless withdrawals, simplified cellphone banking and a digital conversational chatbot assistant called Enbi.

Standard Bank targets bulk of Africa’s payments with Unayo

The bank introduces the Unayo digital platform, aiming to connect the continent’s informal market to financial services.

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

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South African Post Office

Sept 3, 2021

SAPO begins search for new SASSA card scheme

The South African Post Office is advertising for a “reputable card scheme” to issue cards for Postbank over a period of five years.

AI gains momentum in war against money-laundering

The COVID-driven surge in financial crime leads to banks accelerating their use of artificial intelligence and machine learning to combat money-laundering.

Absa hunts for digital collaborators across Africa

The bank wants to grow its digital partnerships ecosystem across the continent, after roping in HYBR and SystemicLogic to identify potential partners.

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

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Department of Home Affairs

Sept 2, 2021

Home affairs deploys tech to fight snaking queues

The department tells Parliament that an online appointment system is in the works, as part of the intervention strategies to reduce long queues at its branches.

Simnikiwe Mzekandaba