Absa says its Internet access service has reached the 100 000 subscriber mark, making it one of the top three Internet service providers in SA.
First National Bank (FNB) has launched a new service through its eBucks.com Web site that allows travellers to buy foreign exchange online and have it delivered.
EDS has signed a seven-year, $350 million managed desktop outsourcing services agreement with Barclays.
Local Avantstar distributor Computrolley.com has provided Standard Bank with the HTML Transit solution to enable it to create and publish policies and procedures on its intranet.
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
Standard Bank is offering customers with an SME AutoBank card free access to its Internet banking service.
Grintek Telecom has supplied First National Bank (FNB) with Hypercom ICE 5500 card payment terminals.
Global Technology Holdings (Glotec) is selling its stake in Swiss-listed Temenos Group for about R51.6 million.
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
The State Bank of India has awarded Datacraft a $17 million contract to develop the second phase of its nationwide corporate network.
Telkom and Standard Bank SA have introduced a new PrepaidFone electronic voucher recharge service.
It is important for financial institutions to keep track of specific information to combat fraud, says Piet Dempsey, MD of Knowledge Focus.
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
Dimension Data subsidiary Datacraft Asia has won a $17 million contract to develop the second phase of the State Bank of India`s nationwide corporate network.
African Bank has signed a RiskMentor contract with PIC Solutions, through which it will provide the bank with credit and risk management consulting support.
Basel II can be seen as the banking sector`s Y2K as it is an immense project with global scope, significant technology implications and a strict deadline. So how do South African banks plan to meet the challenge?