Integrear Systemflo has announced its Solidus Credit Management suite.
Misys International Banking Systems has sold its Equation solution to Barbican Bank to support the start of its private banking operations.
Absa has awarded a R1 million contract to the E-mail Corporation for the delivery of encrypted e-mail statements using the FinMail system.
Datacraft India, part of Dimension Data subsidiary Datacraft Asia, has been awarded an $18 million contract to design, build and manage a nationwide backbone network for the State Bank of India.
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
Sumitomo Mitsui Banking Corporation has installed six Unisys Enterprise ES7000 servers to provide a gateway for its national inter-banking cash management system.
BoE Bank says it has seen an improvement in the performance of its software since implementing the Compuware DevPartner Studio suite for development and testing.
Ovations Technologies has installed a workflow solution at the International Business Centre division of Standard Corporate and Merchant Bank (SCMB).
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
Global Technology, local Globus distributor, says International Banking Systems named Globus as the top wholesale back-office banking software for last year.
A tale of banking so scandalously backward, I`m tempted to sell my story to the tabloids.
Temenos, the banking solutions developer 15% owned by Global Technology, says it has signed the biggest deal in its history for the Global application at ING Bank for an unspecified value.
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
After being excluded from the FirstRand deal announced on Friday to acquire parts of Saambou, Internet bank 20Twenty is still looking for a banking partner to rescue its operations.
Global Technology (Glotec), through its Australian operation, has signed a contract with Rabobank Australia to provide the Globus banking solution for its rural banking operations.
KPMG Consulting has concluded the first phase of a procurement transformation initiative at Absa.