A group of senior employees accept the shares, which have a three-year vesting period and are subject to performance conditions.
2024 is expected to see an explosion of authorised push payment fraud and wider adoption of banking-as-a-service, predicts LexisNexis Risk Solutions.
Financial advisory deVere Group predicts six key fintech trends, with increased use of artificial intelligence among the notable trends.
Ravikumaran Govender will drive Momentum Metropolitan’s ‘digital excellence’ strategy.
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
Industry heavyweights will lead Sanlam’s fintech cluster, with former Assupol Group CEO Riaan van Dyk heading the unit.
The winner is not one or the other, but rather a synergistic collaboration between machine learning algorithms and LLMs, says Exponant.
The local financial authentication company buys the software business unit of digital payment security provider Modirum.
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
While 2023 saw the collapse of FTX and other global crypto-currency challenges, local exchanges saw digital currency gains and believe 2024 will bring even better prospects.
ThreatMetrix won the Most Innovative Fraud Prevention and Detection Solution of the Year award.
There remains a misleading perception that cyber insurance does ‘not pay’ or ‘does not respond as required’ to key cyber events, says Spiros Fatouros, CEO of Marsh McLennan Africa.
MTN SA prepares to add an e-commerce service to its Mobile Money platform, as part of its transition into a super app.