Small businesses must be ready for future disruption and gear up to adjust to changing customer patterns.
The exchange says it will revisit the proposal at a later stage, despite overwhelming market support.
The Payments Association of SA’s transformation will stimulate innovation and digital inclusion in the financial sector.
Two-thirds of surveyed locals expect SA’s banks to make a full transition to digital banking within five years.
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
Customers can access a cash advance from R50 up to R500, with the option to settle it over seven, 14, 21 or 28 days.
Entries for the 2022 MTN Business App of the Year event close on 5 September.
The BizFlex digital loan facility provided loans to 10 000 SMEs across SA between July 2019 and June 2022.
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
By integrating its software with Smollan’s accounting systems and banking partners, FleetDomain has enabled Smollan to contain costs and manage its fleet more effectively.
Google Wallet will propel digital payments, say FNB, Standard Bank, Nedbank, Absa and Discovery Bank.
Cloud software usually has a set of technologies and policies designed to ensure regulatory compliance.
With iKhokha’s iK Tap on Phone, small business owners can accept payments for their products or services using their Android smartphones.
South Africans will be able to add their cards to Google Wallet and pay via Android phones or Wear OS devices.