Its digitally-active clients in South Africa have breached the 4.1 million mark, says the big-four bank.
The telco collaborates with Investec and Electrum to offer the rapid payments system on its Mobile Money platform.
The legitimacy of the crypto FSP licences issued to SA crypto service providers will result in a fresh influx of investors.
The partnership will focus on crypto-currency use cases and financial literacy, leveraging thought leadership from Binance Academy and BankerX.
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
Three trends have emerged in the financial crime compliance space – sanctions circumvention, trade-based money laundering and money laundering using crypto-currency.
Harnessing cloud computing’s prime benefits, the system offers comprehensive legislative compliance and robust security.
With Sage Intacct, the company achieved a 70% efficiency rate across 48 entities during its monthly close.
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 lab aims to deepen the firms’ collaboration, accelerating digital transformation and sustainable development across Africa.
The fresh capital will enable Spatialedge to expand its research and development efforts and enhance its product line-up.
Successful and customer-friendly digital banking can be distilled to two key strengths: user experience and security, says Gur Geva, co-founder and CEO of iiDENTIFii.
Minister Dr Blade Nzimande lashes out at the former NSFAS board for failing to act on improperly awarded student allowance contracts.
Clive Butkow, co-founder of venture capital firm Conducive Capital, shares five key traits that venture capitalists look for in tech start-ups.
