Growing crypto-currency interest challenges regulators globally, WEF told, with SARB governor Lesetja Kganyago saying it’s up to governments to form these rules.
Afridax looks to take on established players such as Luno, VALR, Ovex and AltCoinTrader in SA’s bourgeoning crypto-currency market.
After its latest funding round, the local insurtech firm aims to scale the business and accelerate its artificial intelligence ambitions.
Local mobile network operators expect a number of regulatory interventions to impact their businesses this year.
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 companies have helped a mining solutions provider to reduce risk in payments by deploying Peresoft’s first SFTP solution.
The strategic partnerships supports MakwaIT’s international expansion plans while strengthening Workday’s local presence, the companies say.
Through the adoption of AI and integration of omnichannel solutions, finance professionals can unlock new opportunities for growth.
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
CFD trading allows investors to speculate on the price movements of various financial instruments without ever owning the underlying assets.
The digital bank will introduce credit cards, new lending capabilities and relaunch its banking app, amid plans to become one of SA’s top three banks.
While cash is still king in Africa, the continent is witnessing a surge in the use of digital wallets to make cross-border payments, says Verto’s Cornelius Coetzee.
The technologies that will have the biggest impact are AI, fintech, digital agriculture, the continued roll out of 5G and e-commerce, analysts say.