The company loses a bid to appeal a decision that allows the social agency to use the post office to distribute grants.
The fund will focus on high-growth sectors that have been deregulated and are core to the African economy.
The acquisition gives MIP access to Africa's unbanked market.
MasterCard has began a major mobile payment roll-out in New Zealand.
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 payment processor sees potential growth in mobile banking in Africa and Latin America.
The best practice framework for key performance management in banking is configurable to meet changing requirements.
The global company snaps up Cape Town firm Fundamo, in a bid to lead the mobile payment race.
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
In today's technology roundup: Motorola unveils 'BlackBerry killer', UK tech valued at |--gbp--|81bn, Apple eases iPad subscription rules, and Citigroup loses 200k profiles to hackers.
Mobile phone users in the UK, France, Germany, Italy, Spain, Poland and Sweden can sign up for Ericsson Money.
Which device will lead in the race for mobile computing market domination?
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
Analysts predict contactless payments will generate $50 billion over the next three years.
The companies will provide a secure bill payment process for the local market using cellphone payment technology.
Integrat has partnered with The National Lottery's operator and Lidonga to bring PlaySALottery to cellphones.