Information Regulator ‘showing teeth’ on POPIA enforcement, for example, but challenges remain – most notably governance of AI warn tech and legal experts.
The bank reverses duplicate virtual card transactions that appeared on some customers’ accounts over several days.
The big-four bank says it has remedied its POPIA compliance shortcomings and no customers suffered financial harm.
eSIMs now account for 30% of mobile virtual network operator FNB Connect’s digital sales, says CEO Sashin Sookroo.
The bank ventures into the retail crypto market, allowing customers to trade five crypto-currencies through its share trading platform.
The bank goes beyond AI experimentation by tracking and assessing how deployments affect revenue, costs, fraud losses and employee workflows.
ITWeb TV: How FNB measures AI’s return on investment | Ep #157
On this episode of ITWeb TV, Dané Liebenberg, AI executive for FNB Retail and Business Banking, unpacks how the bank is assessing the value of its artificial intelligence investments through four key pillars. #AI #Banking #Fintech #ArtificialIntelligence #DigitalBanking
Mall-based kiosks become central to Nedbank’s strategy, as it transforms traditional branches into tech-enabled service centres.
The expansion builds on more than 570 000 smart IDs and passports processed through the partnership with Home Affairs since 2015.
The new payment API enables real-time, bank-authenticated transactions while removing manual EFT steps for merchants.
Local fleet operators are increasingly adopting electric vehicles to reduce costs, improve efficiency and lower carbon emissions.
First National Bank’s flagship nav» ecosystem adds two new functionalities as it marks 10 years.
App development, entrepreneurship and innovation training will prepare thousands of young people for opportunities in the digital economy.
FNB app glitch exposed data of 88 home loan applicants
In this week's tech news roundup, the First National Bank (FNB) banking app inadvertently exposed the personal information of 88 home loan applicants last year. 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 #eskom #fnb News Links: https://www.itweb.co.za/article/south-africas-draft-ai-strategy-needs-more-work-say-pundits/8OKdWMDXRX6MbznQ https://www.itweb.co.za/article/no-tech-catastrophe-will-hinder-election-outcome-says-iec/G98Yd7LGRELvX2PD https://www.itweb.co.za/article/fnb-app-glitch-exposed-data-of-88-home-loan-applicants/6GxRKqYQGdNqb3Wj https://www.itweb.co.za/article/sa-e-tailers-furious-as-rivals-shein-temu-eat-their-lunch/RgeVDqPRG1J7KJN3 https://www.itweb.co.za/article/renewables-to-thank-for-weeks-of-no-load-shedding/KWEBbvyLXmKqmRjO
ITWeb TV: FNB to introduce GenAI agents for banking app | Ep #46
In this wide-ranging interview, Dr Christoph Nieuwoudt, FNB chief data and analytics officer, speaks to ITWeb news editor Admire Moyo about how the big-four bank is innovating with generative AI. As the bank increasingly leverages generative AI, Dr Nieuwoudt also discusses FNB’s plans to recruit more data analysts from the bank’s graduate programme in a move aimed at building solutions from the emerging technology. #itwebtv #fnb #genai