Standard Bank will test contactless card technology that will enable retailers to increase the speed of low value transactions.
Prism exhibited its Incognito Transaction Security Module (TSM) range of products at CardTech/SecureTech in San Francisco, California last week.
Absa Stockbrokers contracted MCI Consultants to undertake the development work behind phase two of its online share trading service.
PIC Solutions and the Bahrain Institute of Banking and Finance (BIBF) have partnered to deliver a Consumer Best Practices training programme to credit grantors in the Middle East.
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
Deutsche Bank has completed the consolidation of its global financial messaging to a global messaging architecture using SunGard's STeP MINT solution as the foundation.
Knowing customers is one thing. Understanding them is another. Users tell us whether the technology is a true route to customer understanding.
Standard Bank has purchased a Web-based DataVoice Libra recording solution from Spescom DataFusion, for deployment in the Fraud Department of the Card Division contact centre.
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
African Bank is implementing new HP desktops and notebooks with the assistance of IT services and solution provider, Datacentrix.
First National Bank (FNB) is targeting small and medium retailers with a R100 million ATM roll-out.
PIC Solutions will exhibit at the 2006 Cards Middle East Conference in May.
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
Absa`s entire online merchant base is being migrated to MWEB Business`s e-commerce platform.
Beget Holdings has become the sole owner of its operating company.
Nedbank has introduced an enhanced cellphone banking service.