Blow for lottery operator’s bid to change software provider
Standard Bank adds Apple Pay to contactless payments
The big-four bank finally joins its counterparts, by making Apple Pay available to its customers.
Insurance risk managers must embrace technology disruption
Artificial intelligence and machine learning introduce a level of automation in data analysis and the decision process that was not possible before, says Patrick Ashton at SilverBridge Holdings.
Mzansi’s lowest transaction rates help small businesses grow
iKhokha currently charges only 2.75% per transaction (exclusive of VAT).
South African-led Mimecast in $5.8bn acquisition deal
Under the terms of the agreement, Permira will acquire all outstanding ordinary shares of Mimecast for $80 per share in an all-cash transaction.
Many crypto firsts achieved in 2021, say SA-based exchanges
Among the highlights for 2021, the exchanges say this year, cryptos became a multi-trillion-dollar asset as institutional investors increasingly embraced them.
Tencent, CDC acquire R1.1bn stake in TymeBank
The capital raised will fund and grow TymeBank in SA and also fund GOTyme in the Philippines, where it has secured a digital bank licence.
Fintech partnership to drive payments across global markets
Local fintech firm Tutuka and Paymentology merge to establish a global payments and cards processor, spanning 49 countries and five continents.
Black Friday weekend marred by online shopping fraud
Almost 8% of analysed financial transactions conducted during the Black Friday/Cyber Monday period were potentially fraudulent, says TransUnion.
Govt considers new approach to Broadband Infraco, Sentech merger
Critical consultations on the potential acquisition of Sentech by Broadband Infraco are under way, says the comms ministry, as it looks to accelerate the merger.
National lottery operator Ithuba bets R250m on tech
Tech and innovation are the cornerstone of success at Ithuba, says CEO Charmaine Mabuza, one of the most influential women in the global gaming industry.
Digital citizens are central to neo-bank model
Crucial skills that will create the bank of the future are those focused on shaping marketplace banking models for digital citizens.