Open banking ecosystem could render card payments obsolete

Those who believe that ‘tap and go’ credit cards are the pinnacle of banking payment solutions could be in for a big surprise. Chris Michael, a UK-based payments specialist and head of technology at Open Banking Limited UK, says that developments in open...

DoshEx launches virtual assets

DoshEx, a Johannesburg-based developer of tokenised ecosystems and exchanges, has formally launched following the listing of two virtual assets by two financial service companies. The digital tokens registered and listed with DoshEx permit the enterprises to transfer...

Finance is undergoing a revolution

Speakers opening the FinTech track on day one of Finance Indaba in Sandton painted a picture of unprecedented transaction and settlement speeds, new opportunities for financial services and enhanced transactional trust and security, thanks to FinTech innovation...

Mastercard, EasyPay take the friction out of payments

South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard. The collaboration marks a significant milestone in...

RubiBlue’s easiPol reaches 6m policies

easiPol, the insurance administration solution from RubiBlue, has officially recorded 6-million policies as of August 2018. The web-based subscription management platform has played a pivotal role in the effective management and control of policies and subscriptions...

Cloud shift in SA financial service sector

Mounting pressure on financial service institutions has forced a change in strategy as disruptors redefine the competitive landscape. Andrew Cruise, CEO, Routed, a vendor neutral cloud infrastructure provider, says that thanks to the cloud and a growing base of market...