Transactions that cost R99 to R143 at traditional banks cost R21.50 at TymeBank, or R25 at Bank Zero, Solidarity Research Institute’s latest bank charges study finds.
The company is closing its crypto arbitrage product in order to devote its attention to international expansion and its flagship crypto trading product.
Local banks reveal they will make some level of investment in blockchain or distributed ledger technologies this year, as they explore new use cases.
The local crypto-currency exchanges anticipate the introduction of a clear South African digital currency regulatory regime by the end of 2022.
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 iKhokha Payment Gateway is the first in a series of products in the iK Pay Online stable – a proposed suite of e-commerce solutions for SMEs.
NCBA Bank took on an ambitious project with Huawei to build a next generation core banking system.
MTN's comprehensive security offerings ensure peace of mind with systems, users and applications protected.
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 telco says the executive changes are about enhancing the structures needed to execute on its Ambition 2025 strategy.
A Visa study finds that most consumers believe it will be necessary for financial institutions to embrace crypto-currency, amid rising interest.
The chip on the EMV NuCard offers new security features and functionality that have been added to its current functionality.
The bank sees more businesses processing payments via eWallet Pro, recording a 27% increase in the use of the digital payment solution.
The bank’s Cloud Incubator programme helps to accelerate its cloud adoption, as it evolves into a digitally-empowered business.