Skimming and SIM card swapping are only two in a list of crimes perpetrated by banking fraudsters.
The partnership between helps local banks comply with a new standard for cross-border payments clearing.
Internet banking brought convenience to South African subscribers, but also added risk.
The bank launches Zimbabwe and Mozambique money transfers on its banking app.
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
The new personalised banking solution allows cheque account-holders to add a variety of features and benefits.
The African operator forges a partnership with the global online payments company to enable global digital payments for mobile money.
The bank says hardware failure was responsible for system disruptions lasting two hours today.
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 bank adds a seven-inch Lenovo tablet to its list of devices in a bid to drive digital banking among cash-strapped consumers.?
Swisscard AECS has implemented Entersekt's Transakt mobile app to secure card-not-present purchases.
Tranwall and PEX Mauritius have implemented the solution for the OMCARD Namibia project.
Snap, click, flick, scan, zap and M-pesa are fast becoming verbs in the mobile payments space, but integration is lacking.
While the two tech entities are tight-lipped, a mobile virtual network operator move by the big four bank makes sense.