In this World Wide Wrap: Payroll data stolen, Visa signs 5-year deal, and Northgate gobbles payroll firm.
In this World Wide Wrap: Equifax battles identity theft, VeriSign implements one-time passwords, and Cardinal Bank's free mobile banking.
The bank's staff members have been using the chip and PIN card for four years in a testing phase.
In today's technology roundup: Dell pre-installs Ubuntu Linux, VeriSign offers one-time password on card, QuickTime responds to security flaw, and PlayStation 'dad' plans next generation.
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: IBM, BCV in $460m deal, bankers, vendors close SOA skills gap, and retail payments move toward mobile.
The Unisys Open Payments Platform enables banks to consolidate payment functions to reduce infrastructure costs.
Bytes Specialised Solutions will replace Absa's Diebold ATMs with NCR devices.
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
Verified by Visa allows cardholders to authenticate their identity during online credit card transactions.
In this World Wide Wrap: SEC pulls rank over Sox differences, Basel II for Italian banks, and Russia's governance turn-around.
Electronic banking is a way of getting people from remote areas into the banking loop, says the bank.
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 country's dominant cellular operator partners with FNB to offer mobile banking.
In this World Wide Wrap: Barclays secures home banking, GTB's roving mini-bank, Microsoft aids banks, and Fiserv provides banking solutions.
Xpertek Group will supply SA Taxi Finance with a loan finance solution that complies with the National Credit Act.