Standard Bank is using the Fair Isaac Triad adaptive control system to replace its existing credit card risk management software.
Prepaid makes it possible for poor people to pay good money for the right to speak to people they can`t see.
Namitech provided MasterCard and Capitec with project management services for the launch of the MasterCard Pre-Authorised product.
Pre-authorised EMV debit cards aimed at reaching the unbanked will be piloted in a rural area.
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
SAS Institute has received a Unisys award for excellence for its contribution to a data warehousing project at Nedbank.
The small gods of banking have conspired to make me take back all the nice things I`ve been saying about my bank.
SAS Institute says a UK bank has employed a student from its sponsored business mathematics and informatics centre at the North-West university.
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
Roland le Sueur, head of First National Bank Internet Banking, says users can take several precautions when banking online.
PIC Solutions will provide Absa with the Model Builder for Decision Trees analytical software to improve its account management strategies.
A payment cards conference is being held in Kenya to help African banks convert from cash to card-based alternatives.
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
Banks need to "future-proof" their IT architectures to get ahead of the regulatory curve, says SAP.
FirstRand Bank has gone live on SWIFTNet using the SunGard Mint solution, says local SunGard distributor Ensemble.
Basel II compliance will have a positive impact on IT budgets and spend in the next few years, says Andrew Stekhoven, director of Escrow Europe.