A major factor will also be the emergence of 'tap-and-go' payments using Near Field Communications.
The new small business's online video took top honours in FNB's social media competition.
The Malaysian bank has implemented the SAS Credit Scoring for Banking solution.
Campaigners want the 'green investment bank' to unlock billions of pounds for low-carbon technology to be made permanent.
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 solution will enable consumers to make payments via their mobile phone without using credit or debit cards.
In today's technology roundup: Laser puts record data rate through fibre, Sony hacked again, Cisco accused of aiding Chinese repression, and Barclaycard, Orange ink m-payments deal.
It is believed banking by phone could transform Indian rural economy.
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 global tech firm aims to expand its B2B initiative across the continent, as it plans to increase business from the region.
The anti-virus solution is user-friendly and will appeal to the novice security user, but isn't that effective.
The company sees revenue decline and profit swing into negative territory in the 12 months to February.
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
The company expects to operate in at least 23 countries on the continent by 2015.
Financial institutions are looking at the reduction of head counts to help bring down costs, says Francois Beyleveld, principal consultant for Performance Management at SAS Institute.
The country is placed at number three in regards to global phishing attacks volumes, says an RSA online fraud report.