More than 4 000 new customers have signed up with online bank 20Twenty since its relaunch.
SAS has provided US Bank with its Marketing Automation and Interaction Management solutions to improve customer relationship management.
First National Bank (FNB) has awarded the AST Group the contract to provide it with an integrated image-based cheque solution.
Square One Solutions has designed and installed a biometric loan application system at the headquarters of a local bank.
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 Bank has extended its outsourcing contract for desktop services with AST Distributed Technology Services until 2006.
Telkom, Vodacom and Absa have entered into an alliance to develop and market communications and banking solutions.
Telkom, Vodacom and Absa have entered into an alliance to cross-sell their products and services.
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
David Weideman, head of retail foreign exchange marketing at First National Bank, examines several solutions available to travellers that make their finances portable.
ICT market research firm BMI-TechKnowledge says the local banking sector represents a growing IT market, with a double-digit increase in IT spending.
The Canal Walk Eurocard, MasterCard and Visa (EMV) smart card pilot project has been delayed as not all the parties are ready to implement the solution.
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
While the Web has become the de facto method of administrating personal account portfolios, there are several unique challenges to extending the convenience of Internet banking to the corporate world.
First National Bank (FNB) Corporate has introduced the BANKit electronic banking solution targeted at the corporate and medium-sized business market.
The specifications set by Europay, MasterCard and Visa (EMV) will provide smart card holders with a unified security standard, says Pierre Kotze, EMV specialist at Namitech.