In this World Wide Wrap: Software blocks banking Trojans, inflexible IT barrier to innovation, and Westpac predicts outsourcing shift.
The open-systems payments solution will include supporting card management and ATM driving.
Technology from PayPass will enable South African commuters to pay for taxi rides via their cellphones.
The bank chose the S1 payments platform to improve ATM driving, card management and merchant acquiring services.
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
A partnership between Ukash and an international bank will make virtual credit cards possible for South Africans.
Mobile channels are key to reaching the unbanked, but security and trust remain barriers to entry.
S1 Corporation has consolidated Postilion, S1 Enterprise and FSB Solutions to form one brand.
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
By 2011, mobile banking will become more than three times more popular than traditional banking.
Mobile operators and banks must partner to deliver mobile payment services to the unbanked community, says Fundamo.
Trust factors are still an issue when it comes to using technology to bank, a new survey reveals.
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: Risk management a priority, Uganda needs 1 500 accountants, and McAfee appoints risk and compliance VP.
In this World Wide Wrap: Providenciales gets e-billing, joint initiative boosts security, and Hypercom extends data encryption solutions.
FNB customers can now make calls to mobile phones at a cheaper rate.