Effective financial inclusion will likely require a bricks-and-clicks distribution model, including physical presence in some form to build trust and confidence.
First National Bank CEO Jacques Celliers shares details about the bank’s digital drive, saying branch closures are not part of its strategy.
Medical professionals in SA are already utilising artificial intelligence in innovative ways, says Mint Group.
The new digital bank now has more than 22 000 clients, with over 50 000 accounts, after 1.5 million hours spent building 120 interconnected systems and infrastructure.
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 finance union says it supports digitalisation in the sector but banks must assist employees with the transition.
Most financial services companies lose sensitive client data in cyber attacks, a new survey finds.
The bank partners with Microsoft to migrate components of its IT infrastructure to the cloud.
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
Entrepreneurs Thandile Jwambi and Nicolas Kutumane chronicle the details leading to the IP theft standoff with the big four bank.
With an undeniable global trend towards digital transformation programmes, banking is undergoing a major software metamorphosis, says Matthew Barnard, executive head of banking at BBD.
Standard Bank on Friday experienced major technical glitches that affected many of its clients but it said the problem has now been resolved.
The operator has spent a lot of time investigating and planning the right partnerships to offer payment and insurances services.
The bank vows to defend itself at the high court against the entrepreneurs who are accusing it of stealing their invention.