The Intergovernmental Fintech Working Group releases a paper which takes the position that the country should begin to regulate the crypto-currency markets.
Consumers are seeking greater personal control and financial empowerment in their banking activities, and are using multiple banks to achieve this.
In addition to being safer from a viral transmission perspective, contactless payment is also faster, says Andrew Dawson, Managing Director of MACmobile.
The bank’s customers can now purchase e-textbooks and e-learning material from edutech firm Snapplify, using eBucks.
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 companies will later this month attend the SA-Netherlands Tech Week, to explore synergies in fintech, healthtech and smart logistics.
The Stash investment app reaches a customer base of 100 000 users and gets global recognition at the 2021 Digital CX Awards.
Research by financial services firm Visa reveals SA, Nigeria and Kenya as the top drivers of e-commerce volumes in the region.
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 company signed up 10 000 subscribers to its digital wallet operated on WhatsApp – Telkom Pay – since its launch in December 2020.
Artificial intelligence has made great strides in flagging suspicious banking activities, but expert skills and human discernment cannot be discounted in the process.
The companies have partnered to improve the banking customer experience with digital banking solutions.
The big-four bank invests in a minority equity interest in LifeQ, a provider of biometrics and health information derived from wearable devices.
The telecoms company unveils Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments.