Fulcrum Business Solutions has implemented its EPM in a Box solution for the corporate and investment banking division of a bank.
Biometric ATMs are not a near-term consideration, due to the cost of the technology and more pressing security projects, say local banks.
MTN will refund customers who have unwillingly paid for airtime after having been defrauded by online scammers.
Prism and First National Bank (FNB) will deliver an EMV-enabled electronic payment system to select FNB merchants.
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
Despite the promises made at the launch, this consumer is still waiting for Virgin Money to call back.
Recent incidents of money being unlawfully transferred to prepaid cellphone numbers indicate a new type of e-banking fraud.
Despite hacker attacks having doubled in the last three months, banks and security experts feel enough is being done to address the problem.
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
Bank Windhoek has selected PIC Solutions to develop an application scorecard for its vehicle and asset finance portfolio.
Real-time processing will go a long way towards helping South African banks better manage security risks, says Cecil Roets, account executive of banking, CSC SA.
This week`s launch of Virgin Money SA`s credit card was a marketing coup, with celebrity hype winning over news sense.
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
FirstRand Bank is consolidating and upgrading its financial management and reporting environment with its migration to Hyperion System 9.
FirstRand Bank, with implementation partner Bytes Technology Group (BTG), has executed a solution to automate the receipt, validation and processing of payment instructions.
PIC Solutions now provides specialised support to 12 of the top 15 banks in the Arabian Gulf region.