Cyber fraud attempts targeting local organisations increased 187% in the first four months of 2021, compared to the last four months of 2020, says TransUnion.
Consultancy firm PwC predicts central bank digital currencies will have the biggest disruptive impact over the next 20 years.
Explainability not only ensures that a system works as expected, but it makes it easy to update the algorithm or make changes to it.
Botswana Post will be able to quickly scale its agent network, improving the efficiency of its delivery and 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
Pick n Pay makes it possible for PnP Mobile customers to register their SIM cards through a completely paperless process.
Yoyo merchants that choose to sign up with Zapper will be able to offer payments using just one QR code across both payment apps.
Worth.Business, the fintech start-up that’s brought business valuations online, is planning its global expansion, reveals co-founder Johann de Lange.
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
TymeBank works with Sourcing, implementing a remote monitoring solution to identify issues and remediate these before a customer realises there is a problem.
The process will include electronic legal tender for general-purpose retail use, complementary to cash, says the South African Reserve Bank.
A retail banking roundtable on 27 May will focus on personalisation and financial empowerment for Africa.
The crowd farming platform aims to establish a presence in Lesotho, Swaziland and Namibia, after garnering a multimillion-rand asset value.
One of the main components of the TaaS offering to a customer base is access to a financial transaction switch that is connected to all the South African banks.