The banking SETA has reissued an IT tender, following the cancellation of the original over proprietary issues.
First National Bank (FNB) has signed a CredITMentor contract with PIC Solutions.
Absa has signed up over 500 000 online banking customers and says Internet banking is now on a par with its other channels.
Locally developed and implemented Radical software has enabled one of SA`s big four banks to implement a call centre solution in record time.
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
Standard Bank will introduce 400 IP-based broadband satellite terminals to power ATMs in remote areas.
First National Bank (FNB) is phasing out its magnetic tape financial transaction processing service in favour of an online solution.
First National Bank (FNB) says its Mini-ATMs have helped provide banking services to previously unbanked individuals.
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
Solutions for Business Intelligence (SBi) will implement the Trim Context information management tool at Employee Benefit Trust, part of BoE Bank.
First National Bank (FNB) says 10 million eBucks have been donated to its Tsunami Disaster Relief Fund.
PIC Solutions will exhibit at the Channels 2005 banking conference in Dubai next month.
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
Cheques may still dominate, but more businesses are beginning to use electronic payments.
MasterCard Southern Africa has appointed Bernadine Th"ole as its director of security and risk management.
Computer Sciences Corporation views Business Process Outsourcing (BPO) as a strategic decision to allocate the management of a business function to a third party that conducts the activity based on a set of performance metrics.