TymeBank, which bills itself as SA's first digital-only bank, signed up 4 600 clients in the three weeks since its soft launch.
The Franc app wins the local leg of Seedstars World, standing a chance to win $1 million in funding at the finals.
The operators enter a mobile wallet joint venture to enable interoperable payments across the continent.
Standard Bank has announced its first foray into the telecoms market, launching SB Mobile.
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
MoVAS Group has worked closely with Microsoft, through its 4Afrika Initiative, to develop and scale its solution.
The AEDO system allows the merchant to load a single transaction with multiple instalments over a period of time, says NuPay.
Small businesses need to be able to accept card payments anytime, anywhere, and mobile phones are making that possible.
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 health insurer unveils a behavioural bank that looks to incorporate the latest technology trends.
The money management app gets an update to enable users to track more than 1 800 crypto-currencies in rands.
NuPayGO is a mobile phone application linked to a handheld card acceptance device.
The agency calls on beneficiaries to exchange old cards for new ones linked to upgraded payment systems, as it pushes to migrate over half a million beneficiaries.
MTN CEO Rob Shuter tells AfricaCom that the group will re-launch the service in SA in the first quarter of 2019, and will then extend Mobile Money to Nigeria.