Two major banks have introduced a new high-security credit and debit card payment system.
Online shopping is becoming a significant alternative to traditional shopping, says First National Bank.
First National Bank has assisted Edcon to meet the compliancy requirements of Europay Mastercard Visa (EMV) standards.
Edcon has become the latest of Prism Holdings` clients to gear up for the introduction of Europay, MasterCard, Visa smartcard payments next year.
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
PIC Solutions Credit Academy will provide Raiffeisen International Bankholding with credit and risk training.
Harbor Federal Savings Bank has contracted Attachmate to develop an online banking solution.
PIC Solutions Credit Academy will deliver credit and risk training to Arab National Bank`s personnel.
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
Commerzbank has deployed the Micromuse Netcool/Precision suite to manage the service infrastructure across its departments.
PIC Solutions will exhibit at the ATMs in Africa conference in Cape Town next year.
SunGard Data Management Solutions has announced the referencePoint Managed Data Service.
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
MasterCard and Visa have together issued about 400 million smart cards worldwide.
EDS and Vodafone have deployed a managed BlackBerry service at ABN AMRO Bank of the Netherlands.
Absa Vehicle and Asset Finance has selected PIC Solutions to conduct an Applications HealthCheck in its vehicle and asset finance environment.