Chris Steyn, MD of Namitech, says online banking customers should be aware of the danger of spoof Internet banking sites.
Financial Fusion, a wholly owned subsidiary of Sybase, is little known in SA, but the company is hoping to change that with the local launch of its straight through processing messaging solutions.
Internet banking has failed to deliver as a tool to gain a competitive-edge, according to PricewaterhouseCoopers` (PwC`s) latest annual banking survey.
EMC says the US-based Citizens Financial Group has contracted EMC Global Services to implement an additional 30TB of EMC Symmetrix Enterprise storage and Remote Data Facility software.
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
The Internet is facilitating change so profound that banking as we know it will all but disappear within the next 10 years. This emerged at the IQ Business Group/ZAFinance Financial Services Seminar in Sandton this morning.
BoE Merchant Bank has installed the iLab iRequire requirements management methodology.
First National Bank (FNB) has licensed the SAS Marketing Automation solution to increase its customer-centricity through personalised marketing campaigns.
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 local branch of Cr'edit Agricole Indosuez has upgraded its network with Cisco networking equipment, services and support from Unisys Africa.
SCS Distribution, sole Southern African distributor for Axis Communications, says Axis has secured an order to provide a Portuguese bank group with advanced print services.
Global Technology (Glotec) has launched new administration software as it continues to "fine-tune" its business, and denies rumours that it is to sell its stake in Swiss company Temenos.
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
Standard Bank has implemented a SAP Enterprise Management System.
First National Bank (FNB) Botswana has installed a retail foreign exchange system from IMX Software.
20Twenty customers are unable to use their credit cards until conditions of use are ironed out between Saambou, the curator and MasterCard.