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 banking APIs...

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...

Digital is changing the ‘payment rituals’ of African consumers

Cash is still king in Africa, but the accessibility and acceptance of new digital payment channels is fast changing the 'payment rituals' of consumers across the continent. Nnamdi Oranye, fintech author and international remittances lead at Standard Bank Group, says...

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...