Square One Solutions' operating profit has improved by 120%.
The last decade has seen a significant shift in banking service paradigms, says Marius Krige, market director for Unisys Africa.
Square One Solutions expects earnings to increase in its next interim results.
GijimaAst`s organisational structure is geared to handle revenue of up to R2.5 billion without the need for organic growth.
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
Teba Bank has contracted PIC Solutions to assess the effectiveness of the bank`s application scorecard.
Electronic settlement group Strate's COO has resigned.
GijimaAst`s chairman, Hans Smith, has stepped down.
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
GijimaAst increased revenue to almost R2 billion and reported a profit.
GijimaAst today reported a return to profits in its results for the year ended 30 June.
Absa has signed three deals with EMC to boost storage capacity for its transactional mainframe and distributed systems environments.
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 BMI-T Banking Forum 2006 on 19 October in Johannesburg will explore the complexities banks face when implementing integrated payment systems.
GijimaAst will purchased Absa`s 30% interest in AST Distribution Technology Services (DTS), if it gains the requisite shareholder and regulatory approval.
EOH aims to increase its revenue fourfold in the next six years, the company told analysts.