In today's technology roundup: Hoax threatens death by Wal-Mart, Twitter used as business tool, online game gets banking licence, and game developers gather in SF.
In this World Wide Wrap: Thai bank chooses Alcatel-Lucent, mobile to mobile payments coming, and QNB Card Centre opens.
The bank hopes to attract more than a million page impressions a month within three years.
MasterCard drives its global six-month awareness campaign.
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
More entrants will enter into the entrepreneurial business space, says the bank.
MTN partners with Fundamo to roll out mobile wallets to over 80 million users.
Banks report “significant increases” in attempts on online customers, saying more are falling victim.
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
The company supplies the connection between credit card terminals and the major banks.
The company's SMS Receipts give consumers the power to scrutinise transactions as they happen.
European and US banks will lose billions of their IT budgets over the next five years, DataMonitor reports.
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
Cellular banking users will reach 913 million by 2014, predicts Berg Insight.
The deal will help the cellular network operator to regain mobile money market share and boost its user revenue.
In this World Wide Wrap: UK banks shave IT budgets, IT knows more than business units, and Oz banks outsource 500 IT jobs