Misys International Banking Systems has signed an agreement with Union Financial Systems for the marketing and promotion of its business interests and products in Zimbabwe.
EDS will migrate the Bank of China (BOC) Credit Card International`s credit card operations to an integrated IT system with credit processing modules on a mainframe platform.
The E-mail Corporation has integrated its FinMail software with Standard Bank's AutoPay process.
Mobile Internet Gateway (MIG) has developed the MIGSecure Internet banking security system.
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
A system costing R600 000 to develop and implement has helped Standard Bank to save millions of rand in potential fraud at its international funds transfer division during the past two years.
PIC Solutions has been contracted to redevelop BoE Bank`s application risk scorecards.
Absa Direct has extended the Captaris RightFax solution to enable its contact centre staff to deal more efficiently with customers, says local Captaris distributor AmVia.
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
SAS Institute has announced new solutions for credit risk management in compliance with Basel II regulations.
Brait has signed an on-site outsourcing contract for a second consecutive term with networking solutions provider Artec Computer Systems.
First National Bank (FNB) has announced that as of 1 November, all monthly subscription fees for its Internet banking, telephone and cellphone banking customers will be dropped.
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
Time Bank of Zimbabwe has upgraded its system to the Misys International Banking Systems` Bankmaster 7 application.
A survey by an online dispute resolution service has found local electronic banking Web sites technically secure, but rates Absa and First National Bank low for lack of copyright and allowing spiders on their sites.
Standard Corporate and Merchant Bank (SCMB) has installed Rational Software tools from Software Futures to unite its development teams under a common development framework.