Most local financial services firms are unlikely to meet Basel II`s requirements unless they consolidate the massive amounts of information generated in their environments, says Wilhelm Hamman of Computer Associates Africa.
The UK`s third-largest residential lender, Cheltenham & Gloucester, has implemented the workflow management components of DST International`s HiBPM product.
AST Products, a division of the AST Group, has been appointed as the South African reseller for German-based Wincor Nixdorf, Banking Division.
Micro Ices has implemented performance evaluations for several business units within Standard Corporate Merchant Bank`s (SCMB) head office in Johannesburg.
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
eBucks has split into two separate businesses, the eBucks Rewards Programme and the eDelivery business unit.
Online bank 20Twenty has doubled its staff complement to 150 in the past three months as it prepares to re-open its portal and launch new products.
First National Bank and RMB Private Bank have introduced the DigiTag handheld security device, which generates secure codes for online banking.
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
PIC Solutions will present a seminar on its the ProVision forecasting tool at the Operations Research Society of SA conference on 17 March.
First National Bank and RMB Private Bank Internet customers will be able to buy additional peace of mind through a new security service available from next week.
Staffware has nominated First National Bank`s Card Division for a gold award in the 2004 Global Excellence Awards for innovation and excellence in workflow implementations.
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
Paul Fick, MD of Spescom DataFusion, discusses how technology meets the needs of financial services institutions.
Absa, in collaboration with Computer Associates, has introduced the AutoVal automated mortgage loan application system.
Nedcor's Retail Division will invest R11 million over three years in a SAS business intelligence and data warehousing solution.