Compaq Computer has developed a virtual banking solution for 20twenty, a division of Saambou Bank.
Banking group Absa has signed a five-year deal with Telkom for the supply of satellite connections which includes first right of refusal on all other telecoms services. The deal is worth about R420 million this year.
Acctivity has released the Bank Manager cashbook software module for users of the ACCPAC accounting package.
Global Technology (Glotec) has been contracted to install a standard file interchange bulk-clearing switch for the Central Bank of Swaziland.
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
Chivas and eBay partner to take exclusive items to market to benefit charities worldwide, and First-e goes down - can 20twenty survive?
IT training company TDF took top honours at the Information Technology Banking Internship Programme`s graduation ceremony last week.
Software and systems development company Brampton York has launched its first commercial product, BOSS, developed to assist communications between stock broking firms and asset managers.
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
BoE Merchant Bank has awarded Unisys a three-year contract for the provision of a Microsoft licence compliance service.
Staffware has been selected by Kleinwort Benson Private Bank to enhance the business automation for its key valuation and probate service.
Banks are spending less on IT than vendors would have everyone believe, said Remus Brett, lead analyst at Datamonitor, speaking at the Unisys International Management Centre in France.
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
As banks move customers out of the banking halls and onto the Internet, what assurance is there that these online services will be equally available to users of "non-standard" operating systems?
Absa has invested in the Mercury Interactive ActiveWatch solution as a means of ensuring its client base experiences a reliable Internet experience.
Spescom DataFusion has implemented a Cisco-based Internet protocol telephony and integrated contact centre communication system for 20twenty.