MTN and Standard Bank have launched SA`s first cellphone-only bank account.
Absa will sponsor Rhodes University and the University of Fort Hare to receive Gartner research for the use of their students and academic staff.
Financial software group S1 Corporation's net income rose 273.5% in its second fiscal quarter.
PIC Solutions will exhibit at the Mass Market Banking Summit in Johannesburg on 17 and 18 August.
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 US-based optical card developer has filed a patent application for a product designed for SA.
Old Mutual and Nedbank have awarded a R1.8 billion contract for a shared network to be managed and operated by Telkom and Computer Sciences Corporation.
Fiducia IT AG, an IT service provider for several German banking cooperatives, has commissioned Siemens Communications to install a HiPath 8000 softswitch for its telecommunications network.
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
Standard Bank`s Internet banking service is up and running after experiencing technical problems over the past two days.
The growing presence of bank-independent ATMs in the South African market has been boosted by the adoption of GPRS technology that enables rapid installation of ATMs, even in the most remote areas, says Datalinx.
HSBC Bank Middle East has signed a Triad adaptive control system consulting contract with PIC Solutions.
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
First National Bank is to add new payment functionality to its mobile banking offering from this weekend.
Namibian cellular network operator Mobile Telecommunications Limited (MTC) will use Cointel`s Simplus technology to provide mobile commerce applications in Namibia.
Standard Bank is stepping up security measures amid growing phishing threats.