In today's technology roundup: Next world war will be online, Feds net 100 phishers, New rules to end 'blogger payola', Wife bans FBI head from online banking
But some clients say they still cannot do critical banking.
In this World Wide Wrap: Citigroup to outsource investment, Aegis acquires Sri Lankan firm, and healthcare chain outsources all IT.
The company's decision to go into East Africa is already starting to pay off, it says.
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
An upgrade to the FNB site over the weekend limited the number of people who could access online banking.
The bank says it is instituting legal action against FoneWorx to get R1.5 million of its money back.
In this World Wide Wrap: EcoATM pays for used gadgets, Windows 7 greener than Vista, and green computing to reach $223bn.
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
South Africa must consider different mobile payment service categories to address the unbanked sector, says Pocit.
In this World Wide Wrap: T-Mobile and Monitise m-banking partners, banking Trojan steals EUR300k, and US banks embrace mobile.
The company takes Absa to task over R1.5 million in fraudulently transferred money.
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
In this World Wide Wrap: Supermarkets embrace self-checkout tills, GuestLogix and Jetera offer receipt ads, and companies partner for e-commerce.
The bank replaced an older system with MIP Treasury.
The critical thing is to ensure depositors' funds are secured, says the Post Bank.