CS Holdings has begun the process of putting the Absa Home Loans division through the International Computer Driver`s Licence (ICDL) qualification.
Absa`s Visa chip card certification boosts SA`s preparedness for the 2006 deadline to switch to the new payment system. The country is more than a year ahead of schedule, says Visa International.
Global Technology Australasia has been contracted to implement the Globus eMerge banking system at the Rural Development Bank in Papua New Guinea.
Research house BMI-TechKnowledge predicts that SA`s IT in banking market will grow to R10.16 billion by 2007.
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 has installed the Fair, Isaac Triad customer management system at Absa.
Vehicle financer WesBank has introduced technology to provisionally approve vehicle finance applications online within 15 seconds.
Nanoteq has partnered with Resourcery to develop an information security policy and project plan for the Central Bank of Nigeria.
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
First National Bank doesn`t trust me, which I can understand. But it also doesn`t trust its own employees to exercise self-restraint when it comes to e-mail. And these are the people we trust with our money?
Banking group Absa is spending R100 million on a call centre that is aimed at providing banking services to customers.
Sybase has installed its Adaptive Server IQ Multiplex 12.0 analytical database at FNB Corporate to help the financial institution identify its most profitable customers.
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
Mobile Internet Gateway (MIG) has developed a device which allows ATMs to send an SMS to a bank requesting more money when their cash levels run low.
PIC Solutions has implemented the Contactor Data Cleansing Service at Consumer Credit, a division of Nedcor Bank, to improve the integrity of its customer data.
CS Holdings (CSH) has implemented a helpdesk at its Midrand premises to provide support to Absa staff undergoing Microsoft training.