The additional security measure has helped to curb online fraud, say local banks.
Public Internet facilities could compromise foreign visitors' financial safety, warn local banks.
The bank will offer clients WAP cellphone banking anti-virus software.
In this World Wide Wrap: UK mobile banking explodes, NCR expands self-service, and TietoEnator, RSA partner.
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 company will provide SMS customer enquiry services to the United Bank of India.
The products were developed in conjunction with Wavecom wireless modules from Trinity Telecomms.
In this World Wide Wrap: Banking tech grows in India, AFC implements new banking tech, and e-banking security tightened.
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
In this World Wide Wrap: 3Com banks on OSS, Linux frameworks ready for download, and OSS takes on giants.
The company will showcase its credit risk and fraud solutions at the conference this month.
The bank has unveiled its BPM initiative using the TIBCO iProcess Suite.
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
The public is invited to participate in an identity management research survey.
The number of Acts regulating SA's banking sector has grown from 106 in 1990 to 232 today, says Emerge Africa.
Downloading the software is not mandatory for cellphone banking customers.