The banking card allows consumers to use biometric authentication instead of PIN code when paying for goods via contactless transactions.
Emerging technologies like blockchain and AI will play a bigger role as local companies look to disrupt traditional business models.
Raivis Joksts, digital retail payments professional, Tieto, will present at the ITWeb Modernising National and Regional Payment Infrastructures Event in March 2018.
Coindirect goes live in the country ahead of its global rollout sometime this year.
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 World Economic Forum's new financial inclusion metrics will help the world's unbanked access digital payments, savings accounts and loans.
Africa's biggest mobile operator wants to build Mobile Money into a 60 million customer business in the next three to four years, says CEO Rob Shuter.
Capitec Bank says its digital banking strategy result in more transactions being conducted via the smartphone app than in physical branches.
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 tech entrepreneur will launch Bank Zero, an app-driven bank, later this year.
Juniper believes 2018 will be the year for social payments with key rollouts from Apple, Google and Facebook.
The iconic company has created an image rights management platform using blockchain technology, which rewards participating photographers with crypto-currency.
Advanced data analytics can help banks to increase their competitiveness and reduce their risk exposure.
The partnership hopes to bring mobile money services to unbanked markets in the region.