Virgin Money makes EFT a thing of the past

Virgin Money has launched a new peer-to-peer payment application, Virgin Money Spot. Virgin Money Spot makes sending and requesting money from friends as easy as sending a text message. Users simply download the app, link their Internet-enabled card from any South...

A new way of predicting credit risk

TransUnion introduced its new CreditVision credit scoring solution, changing how lenders offer credit to South African consumers while providing consumers with more opportunities. A recent TransUnion study identified 3-million consumers who previously could not gain...

SRIC migrates to new platform

The Swaziland Royal Insurance Corporation (SRIC) has chosen to migrate to SSP’s digital insurance platform, SSP Pure Insurance. SRIC wanted a platform with the digital capabilities necessary to maintain its position as the largest insurer in Swaziland. SSP Pure...

Cryptocurrency trader Coindirect goes live

Online trader Coindirect.com has announced the initial launch of its ground-breaking platform for local currency trading. The Coindirect.com cryptocurrency marketplace is designed to make trading in digital currencies simple, and is now live in the UK, South Africa,...

Easy, secure digital payment

Gemalto has announced that its Trusted Service Hub (TSH) can now offer a single gateway enabling issuers to connect to the Mastercard and Visa tokenisation services, simplifying the way financial institutions can launch mobile payment services. Banks and other issuers...

SA bank adopts Synthesis software platform

One of South Africa’s largest banks has adopted an expansion of the software platform provided to them by Synthesis Software Technologies, allowing them to easily monitor and analyse balance of payment (BoP) transactions. The expansion, comprising a system known...