Mastercard says 95% of surveyed SA consumers are considering emerging payments, such as digital currencies, biometrics, contactless or QR code, in the next year.
The crypto segment is filled with digital values that you can use in order to successfully purchase, sell and trade money over the Internet.
The virtual credit solutions provider for online merchants signs up over 150 stores a month, as more customers look to online credit offerings.
The business records significant growth, as the bank’s mobile offering reports a 22% year-on-year increase in active customer numbers, says FNB Connect CEO Bradwin Roper.
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 UK-headquartered online trading company expands into South Africa, opening two offices and hiring 40 employees.
The mobile operator’s growth in service revenue exceeds its medium-term guidance, driven by gains in data and fintech revenue.
EMV 3-D Secure is mandatory for European merchants, but the path to adoption in SA has been slow.
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 big-four bank establishes a service status portal, to keep customers up to date on its digital banking services following several technical glitches.
JSE-listed AYO Technology Solutions yesterday lost its court bid to stop First National Bank closing its bank accounts.
Today's e-commerce-savvy consumers demand an instant and seamless way to pay digitally, with easily digestible payment options which help increase cash liquidity.
The rapidly-changing world of financial compliance has become so complex that many organisations are transgressing government legislation every day – often without being aware of it.
The pressure group demands the urgent withdrawal of EOH banking facilities, and has since opened a corruption and money-laundering case against FNB.