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Fintech

SA's middle-class embraces digital banking

The majority of people now prefer conducting banking via online platforms, a study finds.

First National Bank

FNB allows debit order reversals via SMS

Customers can now dispute and reverse new debit orders by responding to SMS notifications.

Standard Bank warns of systems downtime

On Sunday, some of the bank's transaction facilities will be affected by routine maintenance.

ATMs stay current in era of non-cash payments

Once providing a purely cash-dispensing service, ATMs have evolved to perform a wide range of financial services, says SQS.

Local firm taps into crypto currency transactions

Sagteware.NET develops a virtual currency platform targeting South African businesses.

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

Standard Bank heist

Standard Bank heist modus operandi 'not new'

The techniques used in the R300 million theft have been used before by both local and international criminal syndicates, security experts say.

Integrating data sources an expensive challenge for financial services sector

Nearly half of all financial services responders claim to have more than 10 internal and external data sources that are relevant for their business processes.

Standard Bank hit by R300m fraud

The big four bank suffers a heist that involved the withdrawal of cash using fictitious cards at various ATMs in Japan.

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

BankservAfrica rolls out Intix Data Management solution

The company plans to implement the Intix Data Management technology to financial institutions in Africa.

Regina Pazvakavambwa

Connecting the always-mobile bank of the future

Mobile banking is becoming Africa's bank of the future: enabling people to make instant payments, transact directly, transfer money internationally, and manage savings, says Dark Fibre Africa.

Dark Fibre Africa

Home affairs extends age for online applications

More citizens will be able to use the Department of Home Affairs' portal to apply for identity documentation.

Simnikiwe Mzekandaba

Blockchain mainstream adoption still 10 years away

The practical deployment of the technology for entire business processes is unlikely to happen within the coming decade, say analysts.

CA Technologies helps UK financial institution

Nationwide has implemented CA's payment security suite to strike a balance between e-commerce security and cardholder convenience.

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