Cyber criminals are more organised today than ever before, so our response to them must also take on new structure and focus.
MIP has introduced its new lending system, Integrated Lending Solutions, after acquiring it from a local bank and updating it.
Nedbank has selected PIC Solutions to conduct a Collections HealthCheck on its Asset Base Finance environment.
The youth market in South Africa (under 21s) are choosing bank by cellphone.
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
A spate of online banking fraud has commercial banks scratching their heads about how to engage Internet caf'es to help improve security.
The man arrested in the recent online banking scam is a Nigerian living illegally in SA, who has a history of fraud.
US research shows a rapid decline in users, but online banking in SA continues to show consistent growth, despite recent attacks.
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
US-based predictive analytics software firm Austin Logistics has entered the local market through a partnership with Grapevine Interactive.
The IQ Business Group has entered into an agreement with Barclaycard to provide business process engineering expertise.
Absa is forecasting its annual online transactions will amount to R1 trillion five years from now, based on current growth rates.
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 share of South African women that bank online increased from just around 19% to over 43% over the last five years.
PIC Solutions has expanded its relationship with Fair Isaac to offer TRIAD Transaction Scores to clients in the Middle East and Africa (MEA) region.
Prism and Shoprite have pioneered an EMV technology solution that processes an integrated electronic funds transfer environment for large retailers.