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Fintech

SARB seeks fintech innovators for 2019 Hackcelerator

The South African Reserve Bank opens applications for the 2019 Global Fintech Hackcelerator @ Southern Africa competition.

Leading entrepreneurs shine at Women in ICT event

The top five finalists making waves in the tech space celebrated at the inaugural Standard Bank Women in ICT event, with start-up Ejoobi crowned the winner.

Simnikiwe Mzekandaba

Tech to enable empowerment for SA women, says Kekana

Deputy minister Pinky Kekana stresses the need for women in tech, advocating for partnerships to help remedy the imbalance of women representation in the sector.

Simnikiwe Mzekandaba

Absa still sees value in branches

The bank bucks the trend of branch closures by investing in technologies at its facilities.

How AI helped TymeBank gain 670K customers

Innovative use of AI, machine learning and big data enabled the digital-only bank to gain thousands of customers within eight months of its launch.

Sibahle Malinga

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

South African Reserve Bank

SA needs effective laws to curb cyber crime, say experts

The country needs to revamp its cyber crime laws, say legal experts, who believe the Reserve Bank has set an exemplary regulatory effort that should be followed.

Samuel Mungadze

Lazarus group behind North Korea’s cyber attack on SA

Kaspersky Lab blames the notorious cyber crime gang for SA’s recent cyber attack emanating from North Korea

GSM Association

Africa is last growth frontier for fintech companies

Sub-Saharan Africa will become a flagship for mobile disruption by 2025, with 600 million of the population expected to use mobile technology.

Samuel Mungadze

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

Absa in tech risk balancing act

As the bank introduces digital solutions, its key challenge is dealing with an increase in fraud, particularly incidents related to social engineering.

Global spend on blockchain solutions balloons

International spend on blockchain solutions is expected to reach R41 billion by the end of the year, driven by banks, says IDC.

MTN’s fintech transactions hit R666bn

The operator’s total value of the fintech transactions in the first half of the year to June reaches a peak of $44 billion.

Samuel Mungadze

Online platform looks to ease home loan applications

MortgageMe is an online bond aggregator dedicated to helping aspiring property buyers find the right fit.

Simnikiwe Mzekandaba

Department of Communication and Digital Technologies

Final call for ‘Women in ICT’ entries

Standard Bank and the communications ministry invite leading females in ICT to enter their competition, but entrants only have until midnight tomorrow to apply.

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