Standard Bank, Mastercard and Google want to help SMEs accelerate digital transformation, in response to operational challenges posed by COVID-19.
The EasyEquities feature allows rands to be converted to dollars within the platform and then used for the purchase of US shares.
SA’s newest digital-only bank, Bank Zero, is appointed as a restricted authorised dealer in forex exchange by the South African Reserve Bank.
Malawian expats in SA can now use the Malaicha.com app to send goods and groceries to loved ones back home.
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 Cape Town-based start-up partners with the UK firm to create a global loyalty company under the Yoyo brand.
With the Membership Rewards Card, American Express will convert points to cash, putting money back in the hands of existing individual and business American Express Cardmembers.
The MVNO records 25% growth in active customers, including 36% growth in premium subscribers who earn more than R240 000 per year.
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
First National Bank enables customers and institutional investors to buy fractional shares in Amazon, Apple, Facebook and Google parent company Alphabet.
Both acquisitions and de-mergers present companies with an opportunity to revisit their cyber security landscape.
South Africa’s latest digital-only bank confirms it will be open to the public before the end of the year, with financial backing from seven investors.
The big four bank is aggressively pursuing the digital insurance space, which has been shaken up by the emerging insurtech start-up companies.
SA’s new digital-only banking platform, Bettr, has gained a community of over 6 500 users, as it prepares to launch publicly next year.