DebiCheck is a payer authorisation process that allows debit orders to be processed early in the morning, says Ken Vermaak, manager - Compliance & Billing at NuPay.
This will result in technology-led debt products and services to meet the needs of the local market, 4 Africa Exchange says.
It will transform this ecosystem in many areas, including watch list management, transaction monitoring and case management, says Forrester.
The world's 20 largest economies want to eliminate data gaps in the emerging crypto-currency market.
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 investment group's short-term insurance unit is developing a chatbot to facilitate communication with customers and transform insurance quotes.
While biometric technology makes banking more convenient, it can also create a false sense of security.
Two cyber security certifications available through Jumping Bean are EC-Council Certified Security Analyst and Certified Ethical Hacker.
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
CEO Jacques Celliers says Bitcoin is still in a bit of a "hype cycle", but the bank is excited by blockchain and its possible use cases.
The organisations say they are ready to commence the payment of social grants to beneficiaries from 1 April 2018.
South Africa is ranked the most expensive African country from which to send money, says Frost & Sullivan.
Africa's overall banking market shows the second-fastest growth globally, pushed by a digital first approach and simpler, leaner banking models.
The bank's digital solutions are designed to improve learning and facilitate financial transactions.