BMI-TechKnowledge (BMI-T) is compiling a report on IT opportunities in the local banking sector.
First National Bank (FNB) is dropping monthly subscription fees for its Internet, telephone and cellphone banking customers.
PIC Solutions will conduct the research and delivery of a manual on credit bureau benefits and best practices for Visa International.
In a strategic two-year partnership worth an initial R12 million, Novell has delivered an Internet client service solution to Absa.
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`s online strategy is beginning to pay dividends as the concept gains in popularity. More than SA`s entire GDP is transacted through the online bank every year.
Central banks in southern and eastern Africa are to implement a "watchdog" solution to help them monitor the activities of commercial banks.
Pierre Kotze, financial services executive at Integrated Card Technology, believes that the banking industry will embrace smart cards from the middle of next year.
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
Oracle will install its E-Business Suite at JPMorgan Chase to reduce costs and improve efficiencies at the organisation.
Computer Associates (CA) has installed the Unicenter solution at Absa to manage its systems, applications and network management integration resources.
Standard Bank`s quiet move into the mobile banking arena belies the potential of this market - particularly if it can start attracting "unbanked" prepaid cellphone users.
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
Online bank 20Twenty has asked its clients to be patient as it continues in its attempts to survive.
Fujitsu Siemens Computers will provide the branch offices of the National Bank of Poland with several Primergy T850 servers equipped with 1.6GHz Intel Xeon MP processors.
Fujitsu Siemens Computers will supply Landeskreditbank Baden-W"urttemberg with a BS2000/OSD mainframe, Intel-based Primergy servers and Symmetrix storage system add-ons.