Customer data is South African banks’ next frontier, driving hyper-personalisation, AI adoption and digital trust across Africa, says PwC.
MoData welcomes the SARB’s intention to integrate fintech-enabled cash-to-digital conversion mechanisms and wallet-based transaction data into the broader payments ecosystem modernisation strategy.
The model is purpose-built for partners that manage multiple customer environments and require cost control, flexibility and scalability.
The global broker IUX offers an advanced trading platform and a revenue-focused affiliate 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 Postbank has many problems, but let's zoom in on the one we can best appreciate in the tech trade: card key management.
The funding will help Street Wallet scale its operations across SA.
AI allows precise understanding of health risks and hyper-personalised product experiences, to encourage healthier behaviour, says the firm.
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
Postbank still has work to do before it can qualify for a commercial banking licence to meet the state’s financial inclusion priorities, says president Cyril Ramaphosa.
The fintech group delivers strong top-line and operational growth despite widening losses as it looks to conclude the Bank Zero deal in 2026.
Ozow expands PayShap request with TymeBank, boosting instant payments in SA for businesses and consumers.
Poor cloud planning leaves many fintechs exposed to spiralling costs and compliance risks, says KineticSkunk.
Retail investment platform Bamboo describes SA as a strategic market with a highly developed financial ecosystem and an underserved retail investor base.