Despite the current political limbo, South Africa comes up in the list of innovation economy winners in the latest global start-up ecosystem rankings.
Resolving issues around the mobility of people is perhaps the biggest hurdle AfCFTA now faces, says Moses Katende, senior manager at SoluGrowth.
In a lacklustre economy, the fintech group continued to attract new customers and grow its market share, says the firm.
FinTech Summit Africa is collaborating to support emerging start-ups and provide them with significant opportunities for development and success.
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
How can a fintech firm remain relevant for 20 years in a rapidly-changing landscape? An entrepreneurial mindset is a must.
Rapid payments system PayShap’s transactions surged to 30 million, valued at R19.5 billion, since its launch in March 2023.
The company has enabled banks to use consumer shopping behaviour to qualify 3.2 million individuals for credit who would have previously been declined.
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
F‑Secure and TNG Digital, a Malaysian mobility company, have co-created an embedded security solution to protect Touch ’n Go eWallet and the data privacy of its user base.
The NSFAS administrator reveals filing of court papers to terminate the contracts with direct payment service providers, following irregular appointment processes.
The challenges of ensuring data security and privacy are increasing, making it harder to manage digital identities, says Dominic Richardson, CEO at Dolos.
Altron FinTech recently signed a five-year contract to supply PAX Android POS payment terminals to Absa.
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