The local financial sector is prioritising governance and guardrails as it moves to adopt AI as quickly as possible.
Launched in 2023, eFama is a marketplace app that connects farmers with buyers, simplifying the agricultural supply chain and improving access to fresh produce.
The payments infrastructure provider behind several South African online retailers adds buy-now-pay-later functionality.
National Treasury wants to bring crypto assets formally within SA’s forex framework, despite an ongoing court case around their status.
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
NAVi moves to a more integrated model where AI supports advisors in customer interactions, says the bank.
Quantum computing is emerging as a tool to help South African businesses model and manage growing economic and climate uncertainty.
In a market defined by relentless change, the financial institutions with a clear AI strategy will outdo the competition.
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
Efforts to slow AI roll-outs in the name of governance may be creating bigger risks, warns Standard Bank’s Sibusiso Ngubeni.
AI is becoming central to how South Africans shop, reinforcing a shift toward strategic spending, says SpendTrend26.
Capitec CDO Azhar Said explains how decision intelligence slashes AI costs to drive financial inclusion.
Inflation data lags consumer behaviour, excludes the informal sector and misses the fuel price shock already being felt.
Government-led data integration is accelerating digital transformation in phase two of Operation Vulindlela, reveals National Treasury.
