After years of hype, local EMV smart card testing is nearing completion.
MasterCard has declared war on illegal online activities such as "phishing".
eBucks is launching a debit card to allow users to spend eBucks in partner stores.
Absa subsidiary AllPay has donated R1.7 million to various NGOs that help Gauteng`s needy.
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
Absa has introduced a service allowing traders to process credit card payments using a cellphone, fixed landline or Web-enabled PC.
Namitech has been appointed as a value-added reseller of the Welcome EuroPay, MasterCard and Visa offerings.
MidAmerica Bank has initiated an information lifecycle management strategy based on EMC services.
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
Online bank 20Twenty will standardise its hardware, software and solutions infrastructure on HP technology.
More than 4 000 new customers have signed up with online bank 20Twenty since its relaunch.
SAS has provided US Bank with its Marketing Automation and Interaction Management solutions to improve customer relationship management.
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 (FNB) has awarded the AST Group the contract to provide it with an integrated image-based cheque solution.
Square One Solutions has designed and installed a biometric loan application system at the headquarters of a local bank.
Absa Bank has extended its outsourcing contract for desktop services with AST Distributed Technology Services until 2006.