The new partnership is intended to make it easier for mobile money customers to load funds onto their mobile wallet without the need for a credit card.
Using a video banking platform restores the human touch, builds trust and increases top-line revenue, says Vidyo.
Open banking is overcoming old rivalry between fintechs and traditional banks, says Finastra's Rudy Kawmi.
COVID has revealed it’s possible to operate a global online business offering products or services while getting paid in a global crypto-currency such as Bitcoin.
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 seismic shift caused by the COVID-19 pandemic has created a host of uncharted challenges as well as magnified obstacles in the payments industry.
Online payment gateway PayFast says the COVID-19 pandemic has boosted the adoption rate of online shopping via mobile devices.
A C-suite roundtable on 3 December will present the benefits of automation in banks, financial services and insurance.
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 deal, secured in conjunction with local representative – Accelerate Networks – was purchased by one of Africa’s leading banks.
First National Bank’s nav» platform now offers budgeting, home services and wellness solutions within the main banking app.
In the new Banking Sentiment Index, Nedbank and African Bank emerge as the most responsive, while Discovery Bank is the worst at responding to customer queries.
Altron’s NuPayGO EFT point of sale product accepts real-time debit and credit card payments from anywhere, says Johan Gellatly, MD of Altron FinTech.
The bourse will collaborate with Globacap to establish a private placements platform to advance and digitise capital raising for infrastructure finance and SMEs.