The company will maintain and consolidate the bank's business-critical IBM WebSphere platform.
In this World Wide Wrap: HDFC secures ATMs, Mizuho to implement Fortent, and VCs eye personal finance.
Ninety-eight percent of the banked community in SA use the bank mainly for cash withdrawals.
Standard Bank says transactions involving counterfeit cards alone increased 71% last 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
FNB and MyGate have teamed up to offer online debit card transaction facilities.
Routine maintenance will lead to down-time on the Standard Bank site this weekend.
The organisers and sponsors are optimistic the political situation in Kenya will have normalised by April.
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 fourth Biennial Micro Finance South Africa Summit will take place on 19 and 20 March in Johannesburg.
In this World Wide Wrap: Mitek extends remote deposit, SBI to increase POS terminals, and Yucheng wins award.
The financial institution has embraced Cognos/Applix's TM1 as its reporting tool. [Local rep: MCI Consultants]
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
Prepaid airtime top-ups via Absa cellphone banking jumped by 28% in December.
SIM swopping enables fraudsters to receive one-time passwords that banks send to online clients to carry out e-banking transactions.
The group will streamline back-office operations with Asset Arena from SunGard.