Local financial institutions tend to downplay their technological innovation, says Gartner director Kimberly Harris.
Online bank 20Twenty has at last found a buyer in UK banking group Standard Chartered.
Standard Chartered Bank has received authorisation from the SA Reserve Bank to open a local branch.
The court appearance of the 35-year-old man arrested in connection with the Absa online banking fraud case has been postponed again.
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
The Durban High Court has upheld Diners Club`s assertions that ATM PIN numbers are inviolate, and rejected claims by a Durban man that money was taken out of his account unknowingly.
Banking group Nedcor is to cut its number of IT systems by almost half by the end of 2004 to bed down its merger with BoE.
The Absa debacle could have put a serious spanner in the e-banking works, but it`s proving to be a splendid marketing tool for banks and technology companies. Will the many solutions on offer actually work?
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
Network Associates says Standard Bank will use the McAfee VirusScan ASaP and Desktop Firewall ASaP services to protects its online banking customers.
Lawyers are eagerly hoping to see some of SA`s new electronic laws put to the test in the Absa Internet banking fraud case.
First National Bank (FNB) has offered its e-banking clients a "money-back" guarantee that their transactions will be safe, following the recent Absa e-banking fraud.
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
Telkom says its CyberTrade service offers users secure online gateways to all the major banks.
Following the widely-publicised Absa e-banking fraud, Standard Bank is offering clients free firewalls and security software, and Telkom has given the assurance that it offers a safe online banking channel.
Standard Bank will supply its Internet banking customers with McAfee personal firewall and anti-virus software to improve its online banking security.