The bank has introduced a new point-of-sale package which includes a lending facility.
South African banks look to deploy solar-powered ATMs to ensure continued business activity during power outages.
The big four bank unveils a platform for disruptors to submit new concepts on the customer of the future.
First National Bank customers can use cellphone banking to pay DStv bills as well as top-up their BoxOffice accounts.
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
Users of online payments systems need to evolve with technology and improve their cyber savviness, says Kaspersky Lab.
Bytes and Volante have been selected by Nedbank to facilitate the transformation of its financial payments message service layer.
Over half of Capitec's 6.7 million active clients make use of cellphone banking, while online banking numbers remain low.
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
Globetrotters can now load up to 17 currencies onto MasterCard and Bidvest Bank's new multi-currency card via mobile and Internet banking.
First National Bank records a 69% increase in usage of its banking application.
The egos among the institutions block them from forging mobile financial services partnerships, says FNB.
South African consumers can now receive refunds for products ordered and paid for via PayPal's payment system.
Banking is the second most popular category in the usage of mobile technology, according to the Oxygen8 report based on the Mastering Multichannel Journeys survey.