Mobile payment platform Zapper is the latest company looking to lure the Chinese payment app into the country.
The deal allows WorldRemit's international money transfer service to be available to all partners of Huawei's mobile money service platform.
Bank transfers will become the norm for online payments, surpassing cards in the near future, says EFTsecure.
The financial institution finally joins other banks and zero-rates its mobile banking app.
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
With more South Africans embracing online shopping, the payment system is growing in popularity.
Four local banks join the SWIFT blockchain initiative, aimed to help banks monitor and manage their international nostro accounts.
The bank reaches an agreement with all major mobile network operators in SA to scrap data costs for clients on its mobile app.
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
Consumers are paying more bills via mobile devices, with dominance coming from Chinese companies.
The Gemalto Assurance Hub allows banks to assess users' online banking sessions in real-time and tailor the authentication of their profiles.
The mobile payment platform will be introduced to SA to enable merchants to capture the Chinese tourist market.
Cryptocurrencies and blockchain technology were under the microscope for the50 employees from the Central Bank of Swaziland.
One in four banks worldwide struggle to verify the identity of customers when delivering digital and online banking services.