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Fintech

MTN foresees mass adoption of mobile financial services

MTN CEO Rob Shuter tells AfricaCom the group has around 32 million 30-day active Mobile Money customers.

Simnikiwe Mzekandaba

Vodacom eyes R2bn from SA’s financial services

The operator sees opportunities for its fintech operations in SA, setting its sights on doubling its billion-rand business.

Samuel Mungadze

Vodacom’s M-Pesa hits R40bn monthly transactions

The operator records sharp growth in its M-Pesa mobile money service, which is now handling multibillion transactions per month.

Samuel Mungadze

SA’s FinChatBot selected for New York accelerator

The local fintech start-up is one of seven selected to participate in a New York-based fintech accelerator programme.

Agile and DevOps adoption

Why banking apps crash

The agile DevOps process that they’re using doesn’t include quality control and release management across the whole.

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

Driving the fintech and regulation success story

Even well-funded fintech firms sometimes fall prey to myopic thinking around regulation.

Standard Bank’s Instant Money gains traction

The bank’s customers turn to its Instant Money offering, with a month-on-month increase of 70 000 new customers using the service.

Financial inclusion

What does the future hold for payments in SA?

Digital alternatives must be able to offer the same perceived benefits as their cash counterparts in order to successfully compete with them.

Christian Greenwood

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

Fintech specialist, e4, appoints new CEO

Fintech software specialist, e4, has announced the appointment of Grant Phillips as chief executive officer of the group.

Technology Expense Management

Nebula boosts operations and cost management at a major SA bank

Using OneView, Nebula identified and optimised direct and indirect costs, and provided a detailed breakdown of the bank's entire infrastructure and related costs.

uKheshe, MindBridge win SA leg of global fintech competition

The winners of the 2019 Global Fintech Hackcelerator @ Southern Africa will compete for the top global prize in Singapore.

Bad day for SA’s cyber security as banks suffer DDoS attacks

Just as the City of Johannesburg is hacked, SABRIC confirms that a wave of ransom-driven attacks yesterday hit local banks.

Standard Bank blames ‘hardware issues’ for outage

The bank says yesterday’s service disruption was not related to any external factors and no customer data was impacted.

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