FCB Electric Ocean has been contracted to do Web development for eBucks.com.
Absa Bank and Dimension Data have signed a non-exclusive strategic alliance, valued at R100 million per annum, which will see the e-business network integrator servicing the bank`s customer-facing needs.
Global Technology Australasia (GTA) has announced an alliance with e-commerce and financial software vendor Sterling Commerce.
The Reserve Bank of Malawi has appointed Perago, a Comparex Holdings company, to implement a real-time gross settlement system that will link all commercial banks in Malawi.
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 ability to bank via mobile device is the realisation of a fantasy conceptualised by generations past. How soon will the fiction of our generation become reality?
Vodacom will launch a mobile Internet banking service on Monday in conjunction with Absa Bank. The service will be based on 32k SIM card, SMS and wireless Internet gateway technology.
MasterCard International and SPS International have introduced MasterCard SmartLink, a software product that integrates procurement information from MasterCard Corporate Purchasing Cards with ERP systems.
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 Royal Bank of Scotland is conducting a six-month trial of a smart card and Internet-based electronic tendering system from Trust-Marque International.
RMB Investment Services has installed the Oracle Financials e-business financial management system.
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
Trispen Technologies has secured the services of security expert Bob Hoxey to spearhead its expansion into the UK.
The revolution in the foreign exchange (forex) market confirms the pervasive effect of Internet technology on banking, according to the International Data Corporation (IDC).