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Reserve Bank acknowledges SA’s ‘dynamic, vibrant’ fintech innovations

The South African Reserve Bank sees growing uptake of crypto-currencies and artificial intelligence within the country’s payments ecosystem.

Trust becomes currency as LinkedIn gains ground

More local corporations turn to the Microsoft-owned professional network service, surpassing social media engagement app Facebook.

Simnikiwe Mzekandaba

ITWeb TV: SARB calls for financial innovations at G20 Techsprint

The South African Reserve Bank seeks tech solutions to help central banks and financial sector regulators to solve policy problems.

Lesaka Technologies to acquire Bank Zero for R1.1bn

The fintech group agrees to a transaction consideration of up to R1.1 billion for the acquisition of the South African digital bank.

Why AML teams need audit-ready due diligence

The Datanamix Portal gives anti-money laundering teams a unified, secure view of all their verification activities.

LG Premium service

LG Premium Service Centre Launch

LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.

TransUnion makes minority investment in fintech firm

The credit bureau invests in Omnisient to boost financial inclusion in Africa using data and privacy-preserving analytics technology.

AI threatens originality, royalties for local musicians

SAMRO warns that artificial intelligence and piracy are eroding South African musicians’ rights, income and creative ownership.

South African Revenue Service

SA govt agencies chase AI, tech to drive efficiency

SARS examines what AI solutions are available to rid it of mundane tasks amid an increasing government shift to tech.

TymeBank announces Retail Capital buyout

TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking

Department of Communications and Digital Technologies

SITA targets September for automated procurement system

The agency looks to automated procurement to stay afloat and streamline processes, as new rules decentralise government ICT procurement.

Simnikiwe Mzekandaba

Minister in spat with TymeBank over biometrics fee hike

The Department of Home affairs is forcing SA’s poor to absorb the cost of maintaining the population register, says TymeBank.

Old Mutual SMEgo

Old Mutual pitchathon offers R4.2m to ICT, fintech SMEs

Tech that can be scaled to help SMEs grow will create jobs, say business leaders at the 2025 Old Mutual SMEgo Pitchathon launch.

Vodacom-Maziv deal would hurt competition in SA, says tribunal

The Competition Tribunal found that the proposed merger between Vodacom and Maziv “cannot be justified on substantial public interest grounds”.

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