More than 100 workloads had to move to AWS Cloud without any impact on the country’s critical payments systems.
South Africa’s Financial Sector Conduct Authority issues new licences for crypto platform, VALR.
South Africa’s fintech market is projected to reach $19.5 billion by 2030, reflecting a shift in how consumers engage with credit.
The bank enables direct integration between the start-up’s digital accounting software and its transactional data API.
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
Smartphone rental service provider PayJoy sees significantly more customers seeking smartphones on flexible payment terms.
The Money School launches a podcast in partnership with Satrix to build a financial literacy community for young South Africans.
Rashid Ishmail, CISO at Access Bank, will discuss third-party and supply chain-related risks at the ITWeb GRC 2025 event on 30 October.
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
API-driven interoperability ensures real-time payments have trust built in, according to LexisNexis Risk Solutions.
Through the partnership, Absa will leverage Ripple’s digital asset custody tech to deliver storage for tokenised assets, including crypto-currencies.
AM Consultancy streamlines cash management for the Radisson Hotel Group by implementing Sage 300cloud ERP with Peresoft Cashbook.
With automation-driven financial processes, Sage Intacct reduces errors and increases efficiency in billing, accounts payable and revenue recognition, says Adinga.