Ecsponent concludes a deal to invest in Frankfurt Stock Exchange-listed fintech innovator, MyBucks.
Machine learning, robots and artificial intelligence are expected to replace two out of every three jobs in the global banking sector, says Forrester.
Blockchain, banking-as-a-service and the omni-channel are among the trends expected to prompt a sea-change in banking, says Infosys Finacle.
The bank delivers a 'zero monthly fee' account for students, which can be opened quickly on the Nedbank MoneyApp.
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 bank makes it possible to perform QR code payments using its banking app.
If the malware cannot detect motion, it assumes it is in a sandbox environment, and the code will not run, says Trend Micro.
Killing e-mail might dent cyber criminals' ability to use phishing tactics, but it could also do irreparable damage to a bank's ability to communicate with its customers, says Striata.
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 digital money transfer service has lofty ambitions for its new South African business and extensive plans for expansion across Africa.
Governance, risk and compliance practitioners and departments are under pressure to reinvent themselves to be relevant in this new age.
The company's P2P payment app, Spot, adds a merchant payment feature to enable in-store purchases.
The digital bank wants to shake up SA's banking sector by opening hundreds of kiosks at Pick n Pay and Boxer stores.
With the launch of Bank Zero, TYME and Discovery Bank last year, the retail banking industry is set for a shake-up, say industry players.