Nastel AutoPilot is being used in Investec's corporate and institutional banking business units in South Africa and the UK for application performance monitoring.
Metbank chooses the company to strengthen its digital banking offering.
The machine allows users to purchase digital currencies like Bitcoin, Litecoin and Ethereum with the South African rand.
As a relatively advanced player, it is used to assess methods before employing them on more vulnerable entities, says TYMEDigital.
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
Banks across Africa face many compliance and risk challenges, but the implementation of an effective Risk and Finance Platform can help them to stay relevant in a rapidly changing market.
The bank introduces new digital innovation solutions, including an option to switch or open an account by taking a selfie through its app.
The Linux Professional Institute has announced major exam updates for its LPIC-1 certification.
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
Because blockchain will change how value is exchanged, it makes sense that banks will be the first to jump in, says Red Hat.
First National Bank claims to have this week launched the first ATMs that use biometric identification in SA; a claim Capitec strongly disputes.
Algorithms can be used to trade billions of dollars in nanoseconds, and also to make decisions on where to invest funds, instead of consulting humans.
More than 7.1 billion identities have been exposed in data breaches since 2010, a number that is growing daily, says MyCybercare.
The big four bank has selected RiskIQ's set of solutions to automate the defence of its digital presence. [Local rep: Obscure Technologies]