FNB says its Card Security Week has been a big success.
Debit and credit cards have become the Internet payment method of choice, accounting for the majority of transactions taking place online. FNB provides some tips on how to keep card details safe online.
As part of its Card Security Week, First National Bank provides security tips for consumers using automatic teller machines (ATMs).
Smart card technology will be help irradiate fraudulent behaviour such as card skimming, says Jan Kleynhans, CEO of FNB Card.
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
PIC Solutions will provide risk management consulting to Absa Card.
FNB advises credit card holders not to let their cards out of their sight and ensure they`re not distracted while transacting to avoid falling victim to so-called "card skimming".
FNB has partnered with Metro FM and ITWeb during its "Card Security Week" from 10 to 16 November, to highlight the measures that consumers can take to protect their card details.
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
In an effort to curb the rise in credit and debit card fraud which typically occurs in November, FNB has introduced a 'Card Security Week` running from 10 to 16 November.
Oracle has made several enhancements to the Oracle Treasury application.
Spescom DataFusion has implemented a telephony and call centre solution at African Bank's Midrand head office.
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
South African banks might improve their cost-to-income ratio through an increased, focused investment in infrastructure, says consulting group Accenture.
JSE-listed Beget Holdings has acquired from Leaf Wireless the exclusive distribution rights to market a wireless all-in-one point-of-sale, mini-ATM and voucher device.
SA is expected to play a leading regional and global role in the migration from magnetic stripe to chip-based card technology, MasterCard says.