Eighty-five percent of senior executives surveyed are already implementing BaaS solutions or are planning to in the next 12-18 months.
Increased financial services regulation will revolutionise the burgeoning fintech industry, says a law expert.
The hacking group continues to exert pressure, while a legal expert foresees TransUnion facing civil claims.
The fintech platform unveils Mastercard’s Track Instant Pay for clients in the Middle East and Africa region.
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
Project Dunbar highlights the possibilities of using multiple CBDCs issued on a shared platform for international settlement.
Sabric co-ordinates with banks to ensure South Africans’ personal information is not abused by the TransUnion hackers.
The bank has collaborated with OfferZen to enable users to code their own bank experience.
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
Demand for products remains strong, even as COVID-19 restrictions are relaxed, says African Rainbow Capital.
The customer satisfaction gap between banks rapidly closes, as they accelerate their digital roadmaps.
Luno Expeditions, a global, early-stage investment unit, will support the best fintech and crypto/web3 founders.
FNB Merchant Services estimates SA’s e-commerce market will breach R400 billion by 2025, up from nearly R200 billion.
Huawei partners with Ozow to provide a more convenient way to make instant payments on the Ozow platform and Huawei AppGallery.