Wesbank customers get DebiCheck

On Saturday (17 November 2018), WesBank become one of the first vehicle and asset finance house to implement DebiCheck. DebiCheck is a specific type of debit order where consumers accept, electronically and on a once-off basis at the start of their contracts, the...

22seven adds cryptocurrency tracking

Users of money management app 22seven are now able to link and track more than 1 800 cryptocurrencies in rands, via the app, a first for South Africa. In line with its aim of showing all their money in one place, 22seven now enables users to link their cryptocurrency...

Fiskl app aims to empower Africa’s SME sector

UK-based fintech Fiskl has annnounced a partnership with South African based fintech player, Ocean on 76. Looking to significantly strengthen its presence across Africa, Fiskl is launching a mobile app that aims to greatly assist SMEs manage everyday tasks like...

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...