The licences approved by the Financial Sector Conduct Authority are expected to boost investor confidence and crypto adoption.
The provider of digital finance solutions for SMEs appoints Buhle Goslar as its new board chairperson.
The global mobile money market hits $1.4 trillion in transaction value, with mobile money accounts reaching 1.75 billion in 2023.
The digital bank achieves its target of monthly operational break-even, before acquisition costs, ahead of schedule.
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 company acknowledges the importance of providing accessible payment solutions for all South Africans, including those without access to traditional banking facilities.
The African Continental Free Trade Agreement promises extensive economic integration in Africa, says Jan-Hendri Tromp, associate director: Client Acquisitions, Egypt at SoluGrowth.
The banks are ahead of the pack in deploying AI and GenAI to improve efficiency and customer service, says the Financial Sector Conduct Authority.
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
Absa’s Subash Sharma sits down with ITWeb TV to discuss the bank’s plans for artificial intelligence integration.
The financial services institution’s digital retail clients in SA grew by 8%, as more clients transitioned to digital channels.
Sanlam’s data strategy combines advanced tools with a focus on knowledge-sharing.
Legal and tech experts delved into privacy by design at ITWeb BI Summit 2024.
With 2.5 million users adopting the rapid payments system, BankservAfrica prepares to expand the service to small companies.
