FNB customers are now able to play the national lottery through their cellphones, an ATM or online.
Cellular devices will become prone to the same risks as the Internet, says BulkSMS.com.
FirstGlobal Microfinance Bank of Nigeria is delivering text banking services to mobile customers.
Banks should constantly research security threats and prepare technologies to protect customers, says Kaspersky Labs.
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
In this World Wide Wrap: Minnesota goes electronic, Barclays rolls out e-billing, and e-billing could boost telco revenues.
In this World Wide Wrap: Aspect tops in Datamonitor report, IP contact centre cuts costs, and Bangladesh Bank opens outbound centre.
In this World Wide Wrap: US online banking hits 70m, India toughens up transaction security, and card regulation to hit IT budgets.
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
A new ATM threat is most likely installed with help from inside the bank, says Kaspersky.
A recent SMS banking scam makes it clear SMS one-time passwords are not secure, says FireID.
The bank's internal tool aims to speed up communication between staff.
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: O2 goes banking route, AirPatrol and McAfee partner, and Mobile BIS debuts BlackBerry Tour.
A Vodacom employee is held in custody in connection with a mobile banking scam that netted R7 million.
In this World Wide Wrap: IceWeb unveils enterprise architecture, Accenture enhances banking platform, and Siemens wins network contract.