As banks beef up security perimeters, criminals devise methods to beat the authentication protocols, quickly and effectively exfiltrating funds, says Entersekt.
The purchase consideration comprises a cash payment of R300 million and a deferred earn-out of R100 million.
From record highs to sharp pullbacks, local crypto-currency exchanges unpack Bitcoin’s major highlights for 2025 and provide predictions for 2026.
The association’s 2026 targets include driving fair access, real-time payments and inclusive digital growth in SA’s payments sector.
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
Kastelo GIGS offers affordable, non-expiring data that customers can use, sell back for cash, or exchange for other currencies.
With 1Voucher integrated directly into Powerlynx, cash-only users can connect and pay for WiFi quickly and without friction.
The payments company adds Capitec’s Variable Recurring Payments to its roster of payment methods, allowing merchants to debit recurring payments.
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
KineticSkunk's four-part series is designed to give fintech leaders clarity, confidence and a path to a more stable, secure and scalable cloud.
Black Friday retail sales in South Africa for 2025 saw a significant rise, with online spending surpassing 2024 and reflecting a larger average basket size.
The fintech group delivers “resilient financial performance” for the six months ended 30 September, amid sluggish economic growth.
Finance teams in education are no longer willing to accept the risks, delays and inefficiencies of manual receipting, says Intellergy.