Now that crypto assets are seen as financial products, it is hoped there will be regulatory clarity.
Crypto assets are declared a financial product under the Financial Advisory and Intermediary Services Act.
Banks will gain access to a suite of buy, hold and sell services for select crypto assets, says Mastercard.
The digital banking space sees a slight reprieve, with fraud reports declining by 18% from 2020 to 2021.
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
Access Bank SA has appointed Network International SA as its payments partner, handling all its payments processing.
The retail group wins the 2022 MTN Business App of the Year and Most Innovative Solution award.
The bank helps local entrepreneurs transform their businesses by providing them with the latest payment tech.
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
Zindi data scientists join a career day discussion about the critical role data science plays in business.
More than 25 entrepreneurs from Khayelitsha graduated from the Youth In Business programme, funded by Absa and the City of Cape Town and hosted by the Cape Innovation and Technology Initiative.
African Rainbow Capital anticipates growth of fintech and positions to capture opportunities in the sector.
The big-four bank unveils rebranding changes, including a new logo and enhanced payment solutions.
The fintech firm announces the appointment of Lee Ziervogel as chief operating officer.