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Fintech

Some global banks face online identity crisis

One in four banks worldwide struggle to verify the identity of customers when delivering digital and online banking services.

Sibahle Malinga

Direct Debit offers authorised online debit orders

The fintech start-up allows local businesses to offer instantaneous online debit orders through an integrated billing system.

Sibahle Malinga

Ivan Martinovic

Mastercard, university collaborate on biometrics research

The global payments company, in partnership with the University of Oxford, has embarked on a project that seeks to seek solution on barriers to mobile biometric adoption.

Sibahle Malinga

Rand Merchant Investment

AlphaCode, Nedbank acquire minority stakes in Entersekt

The companies have each bought minority shareholdings in the Stellenbosch-based innovator in a multimillion-dollar transaction.

FNB intros online car licence renewal

First National Bank will allow customers to renew their car licences online and have the discs delivered.

Lauren Kate Rawlins

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

Rand Merchant Investment Holdings

RMI and NPE invest in SA's fintech Entersekt

The capital injection will be used to fund international expansion and research and development.

Using advanced analytics against cyber crime

If your first line of defence is a firewall and anti-malware software, then SAS's advanced analytics provide a second, higher level, the company says.

The proof is in the POC

Technologists love to sell a miracle. Every new solution promises to be a game changer, without which your company is a goner. But this isn't always the case and it's unsurprising that the buyers of technology have grown jaded. Every new solution must be taken with a grain of salt and, if it sounds too good to be true, it probably is.

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

Tiger Brands optimises efficiency with APPSolve

APPSolve's?BEBanking?product has lowered the cost and complexity of host-to-host banking at Tiger Brands.

The digital banking (r)evolution

South Africa is ahead of the pack when it comes to mobile banking, driven by a perfect storm of half a billion mobile phone users spread across 54 countries, most of whom need access to banking services.

Banker Africa East Africa Awards

Entersekt wins second Banker Africa 2017 award

It won the Judges' Choice: Best Technology Provider at the fourth Banker Africa East Africa Awards held recently at a gala dinner in Nairobi.

Payment innovations

Better payment innovations mean better payment regulations

Perhaps the most unexpected trend has been the emergence of non-banks, all competing in the payment services space, says?Suresh Nagarajan: senior director, Global Cards and Payments at SQS.

Capitec named best digital bank: survey

Capitec scored 81 out of 100 points in the digital banking category.

Kgaogelo Letsebe

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