US telcos are backing off plans for a mobile payment system that allows the buying of goods using cellphones.
The company reports a $21.6 million loss in the third quarter of the year, after losing a large customer.
Ceridian and Lookout Services have settled a 2009 data breach case with the US regulator.
The central bank has increased the amount the public can store in their mobile wallets.
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 bank relies on SAS Credit Risk Management to help maintain an overall capital ratio of 14%-14.5%.
The Northwest Federal Credit Union fights financial crime with SAS Anti-Money Laundering.
European commuters will be paying for travel tickets via their mobile devices as early as 2015, says Juniper Research.
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 Entrust IdentityGuard Mobile Software Development Kit was developed for today's popular mobile platforms. [Local rep: L@Wtrust]
dn:Sentry will provide a sanctions screening bureau service for the African banking sector. [Local rep: Bataleur Software]
A free education service has saved FNB customers millions in banking fees, since its inception three years ago.
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
A massive security breach in Sony's PlayStation Network sends shockwaves around the world.
FNB customers on the eBucks reward programme have purchased over 19 million kilometres worth of fuel.
The software company will reverse its previous profitable position when it reports results next month.