First National Bank (FNB) Corporate has introduced digital certificates to enhance the security of its BANKit online banking solution.
Absa Bank has signed a RiskMentor retainer contract with PIC Solutions.
First National Bank says automating its credit card fraud detection process has boosted efficiency, curtailed losses and improved productivity and customer service.
PIC Solutions will develop expert application scorecards for the Absa Bank Platinum Visa credit card portfolio.
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
Local William Data Systems (WDS) representative Motswedi JMR has installed the Implex Internet protocol performance management system at First National Bank (FNB).
It may be too much to hope for that an open war may develop between the banks following the reopening of 20Twenty. But as usual, the customer had better beware.
Business Systems Group (BSG) was contracted to investigate and document the current technical architecture in a format useful for strategic decision-making at a local bank.
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 contracted PIC Solutions to deliver Credit Academy training seminars for the bank`s personnel.
SA online bank 20Twenty has reopened its virtual doors to new business, inviting prospective clients to open accounts for the first time in more than two years.
PIC Solutions will provide Riyad Bank with custom application scorecards for its consumer loans portfolio.
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
Wincor Nixdorf International has appointed the AST Group as its sole qualified Service Partner for banking systems in southern Africa.
The governor of the Bank of Botswana has officially launched a Direct Mobile Top-Up service in Gaborone.
Striata believes the requirements of the Financial Intelligence Centre Act (FICA) will allow financial institutions to overhaul their customer records.