The big four bank's services are up and running again after being hit by connectivity issues.
Despite the grim economic predictions, Gartner?expects 2016 IT spending in South Africa to reach $26.6 billion, an increase of 5.1% from 2015.
Around 10.8% of online banking users in SA were attacked at least once while browsing the Internet this year, says Kaspersky Lab's Yury Namestnikov.
The financial institutions plan to replace the shade-net carports with solar-panel carports, in a R60 million project.
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
Blockchain technology presents fluid communication in the crypto-currency economy, says Steem co-founder Ned Scott.
The messaging app is giving up to 50% back to users who use their digital wallets at selected McDonald's.
Growth in mobile banking is being driven by consumer adoption of banking apps, says Juniper Research.
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
Users have reported not being able to access the banking app. FNB says it is working to resolve the matter.
The start-up offers users a secure and convenient way to pay bills on-the-go through an app, and Absa customers will earn rewards for using it.?
After two months on the market, the online forex trading platform has seen good user growth and is trading millions of rands per month.
MyTreasury.co.za uses an algorithm which searches 670 different savings accounts to find the highest interest rates, based on individual requirements.
New technologies are usually tested in developed markets and trickled down to others, but Mastercard says this is changing.