The bank will use IBM Watson to analyse customer needs and process vast amounts of data.
Mark Kacary will head the UK office of the mobile banking technology company.
The value of transactions processed online reached a record trillion rand last year.
The malware hijacks live chat sessions and fools customers into disclosing their baking information, allowing fraudulent transactions.
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
With this acquisition, EMPH enters the South African market, and creates the potential for an integrated payments solution.
Triloq Payment Services introduces an online shopping solution for customers who do not have a debit or credit card.
The ailing Royal Bank of Scotland is investing in IT to comply with regulatory changes.
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's new social payments service allows customers to send vouchers for cash or airtime to friends on Facebook.
Combating ATM crime requires a multifaceted response, says Phylippa Smithson, EMEA and India solutions marketing manager, NCR Corporation. [Local rep: Bytes Managed Solutions]
Social media speaks out following Standard Bank's public threat that it would lodge a complaint against FNB with the ASA.
The future of banking in Africa
MTN and Huawei, in partnership with Brainstorm magazine, held an executive roundtable on 11 May for industry insiders from the financial sector to discuss emerging technologies and digitisation in the banking space. #mtn #huawei #fintech
GoPago allows consumers to order and pay for goods or services with their mobiles.
The AITEC Banking & Mobile Money COMESA conference will deliver content on banking and banking technology topics.
Central Bank of Nigeria's deputy governor will discuss Nigeria's 'cashless society' campaign at the AITEC Banking & Mobile Money COMESA conference.