IT in Banking

Hello Paisa shakes up remittances market

The money transfer operator targets customers accessing international remittances with its new digital retail banking offering.


Digital transformation changes risk management in banks

Risk management will change significantly over the next decade, and banks need to get on board now, says Richard Firth, CEO of MIP Holdings.


How Standard Bank solved AI, data governance challenges

The accuracy of data used by AI processes is critical. Using inaccurate or contaminated data would likely render AI output useless.

12 Jul

Cloud enables fresh approach to age-old problems

TymeBank and Old Mutual reflect on their journey to the cloud at the Amazon Web Services Summit in Cape Town.


Trump not a crypto-currency fan

The US president takes to Twitter to blast digital currencies such as Bitcoin and Facebook’s Libra.

11 Jul

Local crypto exchange Ovex eyes African expansion

The Vinny Lingham-backed company outlines plans to spread its wings beyond South African borders.


Deloitte payment report identifies four trends

The survey aimed to find out what needs to change and how the banking industry should respond.


Vodacom, Mastercard debut digital payments app

The mobile operator joins forces with Mastercard to enable its customers to load bank card details into a digital wallet app for payments.


Nedbank, SwitchPay collaborate on in-store digital solution

The solution lets merchants initiate customer finance applications through their payment devices.

8 Jul

Luno accused of 'hijacking' users’ funds

The Naspers-owned company draws the ire of investors for locking their accounts for prolonged periods of time.

5 Jul

PayU makes Southeast Asia foray with acquisition

The Naspers company takes a majority stake in Red Dot Payment, an online payment solutions provider in the region.


VALR intros rand-Ethereum trading

The local crypto-currency exchange now allows customers to buy and sell Ether directly with rands.

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