SWIFT gpi extends bank competitiveness

Fifteen African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank – and many...

Briisk aims to digitise financial services

One of the first companies to enable insurtech and fintech solutions on one digital platform, Briisk has provided the technology to launch South Africa’s first fully digital drone insurance, Drone Covered. The insurance, underwritten by Transact and Protect...

Genasys, Hitachi Consulting to deliver Insurance in a Box

Genasys Technologies is working with Hitachi Consulting on its Insurance in a Box solution. Genasys will be providing the core policy administration system that has been combined with Hitachi Consulting’s integration accelerator framework and advanced use of...

PPS launches financial planning platform

PPS has launched PPS Horizon, a web-based tool that gives guided financial planning and advice to investors, in a safe environment. The design architecture of this web based tool is the first of its kind in the country. It has been designed in particular for use by...

FNB unveils mobile banking for the underbanked

First National Bank (FNB) has announced the launch of eWallet eXtra, a mobile bank account that allows unbanked and underbanked South African consumers to use a feature phone or a smartphone to open a bank account without ever walking into a branch. eWallet eXtra will...

CaseWare Africa launches Modified Cash template

CaseWare Africa, a division of AdaptIT, has launched a template for the Modified Cash standard. The standard was developed by the Office of the Auditor General in National Treasury to mandate the principles by which national and provincial departments should present...