TymeBank warns that an additional R20 fee to instantly open a bank account will force people back into the risky cash economy.
The South African Reserve Bank sees growing uptake of crypto-currencies and artificial intelligence within the country’s payments ecosystem.
The South African Reserve Bank seeks tech solutions to help central banks and financial sector regulators to solve policy problems.
The fintech group agrees to a transaction consideration of up to R1.1 billion for the acquisition of the South African digital bank.
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 credit bureau invests in Omnisient to boost financial inclusion in Africa using data and privacy-preserving analytics technology.
nCino KYC Africa joined legal and fraud detection experts at the Fighting Financial Crime Conference and pressed the need for greater public-private partnerships in an effort to combat digital fraud.
The Department of Home affairs is forcing SA’s poor to absorb the cost of maintaining the population register, says TymeBank.
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
Tech that can be scaled to help SMEs grow will create jobs, say business leaders at the 2025 Old Mutual SMEgo Pitchathon launch.
The company reaffirms its commitment to supporting financial institutions in simplifying and securing cross-border payments.
The business demonstrates resilience during a challenging economic environment, growing revenue and managing expenses.
VeriX simplifies FIC Act adherence by fusing automation, artificial intelligence and configurability, says Mouna Eksteen, executive at XTND.