NuPay's seamless transition from AEDO and NAEDO transactions to DebiCheck ensures the secure processing of transactions, says Keith Wrede, deputy managing director for NuPay.
The bank had been accused of closing branches in ‘poor areas’, which it vehemently denied.
Fraud incidents across digital banking platforms in SA amounted to almost R263 million in losses in 2018, with USSD and SIM swap crimes taking the biggest slice.
The African fintech firm plans to take advantage of the huge potential in emerging markets, following its deal with Isaac Mophatlane’s empowerment consortium.
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
New digital banks are trying to make inroads into the market share of the incumbents by offering agile, digitalised alternatives, says Richard Firth, CEO of MIP Holdings.
The digital bank announces the resignation of Sandile Shabalala as its chief executive.
First National Bank and Capitec tie for the title of SA’s best digital banking platform, in a customer satisfaction survey.
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 company sets sights on moving the continent from cash to electronic transactions.
An advisory council for the financial services sector set to start work in July.
In a joint initiative launched in Spain, ZTE, Telefonica and Bank of Santander will offer advanced services and connectivity to the country's financial sector.
Analysts share their thoughts on how Facebook’s new crypto-currency will impact the banking sector.
The digital bank calls for patience as it “slowly and responsibly” migrates its existing customers to the new banking facility.