K'e Concepts will replace Sasfin Bank`s incumbent asset-based finance solution with its CreditEase solution.
Local banks are spending up to 80% of their Basel Accord budgets on IT.
EDS has signed a $1.1 billion managed network services outsourcing agreement with Bank of America.
Global Vision is rolling out updates for Master Currency that will bring the foreign exchange trader in line with SA Reserve Bank regulations.
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 will provide its Internet customers with the Trend Micro PC-cillin anti-virus software for another year.
The National Commercial Bank has contracted PIC Solutions to provide it with an audit and review of its processing and service level agreement.
The Business Connexion-Infosys partnership is exploring an opportunity in Malawi.
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
Absa Bank has signed an enhanced RiskMentor consulting contract with PIC Solutions.
Banks are embracing technology to help them meet the demands of small and medium enterprises.
Strategies to defend networks against viruses are not working, says a security expert.
IT is invaluable in reaching SA`s underbanked population, but it cannot work in isolation, a conference heard last week.
Banking and IT sector leaders agree they need to collaborate to reach the 35% of South African adults who are still 'unbanked`.