The GSM Association projects SA’s digital economy will near 20% of GDP by 2028, spurred by fintech, e-health and digital education.
With many local and African companies trading with UK firms, the new regulations necessitate a shift towards e-invoicing to remain competitive and compliant.
The telecoms company’s mobile money platforms, including Safaricom, processed $421.3 billion of transaction value over the last 12 months.
The four start-ups graduated from the inaugural cohort of the Visa Africa Fintech Accelerator programme.
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
The fintech group records revenue of R2.6 billion, which is at the mid-point of its revenue guidance.
Because a large proportion of Juhudi Kilimo team members work in the field, they require easy mobile access to head office applications.
The bank now offers cross-border payments with BankservAfrica’s TCIB platform, facilitating Common Monetary Area transactions.
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
Crypto investors initially expected a Trump victory, but Harris has gained ground, making it a tight race, with various crypto-currency scenarios in play.
From mainframes to quantum computing, Absa Group CIO Johnson Idesoh provides an overview of the bank’s outlook on some key technologies.
The bank’s SimplyBlu 2.0 platform aims to help small businesses break free from physical limitations.
Rapid payments systems grow in popularity, with FNB reporting R2 billion in these transactions in the past year.