The majority of surveyed SA consumers favour digital-only services when it comes to international money transfers.
Regulatory issues and keeping hackers at bay are the local crypto exchange’s biggest concerns, says CEO Richard de Sousa.
Thanks to apps, people are empowered to embrace new experiences and expand their capacity, says HUAWEI Mobile Services.
Pricing complexities and the lack of a person-to-business offering may hinder wide-scale adoption of the banking sector’s PayShap, warn experts.
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
Billionaire Patrice Motsepe-controlled African Rainbow Capital has pumped close to R2 billion into the digital bank.
Sim Tshabalala expresses qualified CBDC support , while being sceptical on the value of privately-generated crypto assets.
The bank will provide youth with work experience in fields such as IT, data and analytics in its graduate programme.
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 Johannesburg bourse invites school and university teams to participate in its virtual trading financial literacy programme.
Geospatial analytics adds timing and location to traditional types of data, allowing for a more complete picture of events, says Charl Fouché, COO at AfriGIS.
PayShap allows local bank account-holders to pay and receive money instantly, between participating banks.
MoneyUp Chat, Capitec’s new WhatsApp-based financial literacy channel, provides free financial literacy short courses.