Telecommunications players entering the banking arena is one of the highlights of the financial services sector being impacted by technology in 2017, says expert.
The investment will go towards supporting the next phase of growth by building FarmDrive's innovative credit scoring model.
The global mobile payment technologies market will be worth about $1?773.17?billion by the end of 2024, says Transparency.
Usage of tech devices for banking purposes will rise as consumers increasingly opt for banks offering multi-channel digital services, says Juniper Research.
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
In2IT has partnered with Nedbank and MADA with a new learnership initiative.
The global digital customer relationship management company launches its business locally.
The bank plans to improve its exploration into blockchain technology, particularly in cross-border payment solutions.
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 department is in talks with the banks to expand eHomeAffairs services to other branches across SA.
RJF is using Control-M, the application workload automation platform from BMC, to embrace the digital banking revolution and advise clients on investment decisions.
The company opens applications for its Start-up Challenge for Africa, which will take place for the third consecutive year.
Global spend via mobile wallets is currently concentrated in the Far East and China, due primarily to the success of Alipay and WeChat.
The bank, in partnership with Techstars, opens applications for its 13-week accelerator programme.