Standard Bank is the latest financial institution to make smart IDs and passports available via its app, with Absa in discussions.
Nedbank Group acquires fintech innovator iKhokha in a R1.65 billion all-cash deal, deepening its support for SMEs.
The South African National Taxi Council Gauteng has been appointed as a reseller for MTN Business.
Uncontrolled spend, outdated infrastructure and poor governance are common traps for local fintechs, but the solutions are within reach.
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
Tazama is a real-time fraud monitoring platform developed as a Linux Foundation project and funded by the Gates Foundation.
The financial services provider is increasingly deploying agentic artificial intelligence-based tools, while upgrading existing solutions.
Intellergy partnered with key DLTC sites to introduce a fit-for-purpose, public sector-ready solution that transforms how payments are managed, monitored and reported.
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
Transaction Junction has teamed up with e-commerce payments company Boodil for the launch of an e-commerce payment solution for Shopify merchants.
The super app-as-a-service platform to use $3.5 million to drive an expansion plan based on engagement with offline retailers, banks and telcos in emerging markets.
The big-four bank is ramping up annual tech investments, targeting AI, payments and card modernisation to outpace digital-first rivals.
ACI Payments Intelligence delivers predictive modelling with multiple AI models running in parallel to address fraud trends.