Fintech firm i-Pay becomes Ozow, and will for one year offer zero merchant fees to emerging businesses that process under R1 million in monthly transactions.
Standard Bank taps Founders Factory Africa to help establish tech-enabled businesses over the next five years.
Banks that don't embrace AI run the risk of losing both existing and potential customers to competition that offers superior personalised experiences, says Patrick Shield, CTO at Software AG
The bank will manage all its employees via Workday's app-like human capital management suite.
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
Standard Bank's move to select Amazon Web Services as its preferred cloud provider marks the latest ramp-up in the adoption of cloud-based services.
New digital-only bank, Bank Zero, goes into beta testing, with plans to open in the second half of 2019.
Innovation, time to market and agility to adapt to changing environments will set organisations apart.
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
Over R12.8 billion was sent via eWallet transactions in the six months between July and December 2018.
Their collaboration promises to generate innovative use cases, such as no-password login and enhanced remote user registration, the companies say.
Artificial intelligence helps users protect their personal information seamlessly, without the active involvement of the user, says Analyze Consulting.
Apple announces a credit card offering that does not charge fees, helps users manage their finances better and gives cash-back rewards.
In three-and-a-half years, the bank has added over 670 000 active users to its mobile virtual network operator, FNB Connect.