Financial sector must comply with new IT risk regulations

South Africa’s financial services companies, including insurers, have until 15 November 2024 to comply with the requirements of the new Joint Standard for IT Governance and Risk Management, issued by the Financial Sector Conduct Authority and the Prudential...

Mesh.trade launches tokenised bond in Africa

Mesh.trade has issued what it believes to be Africa’s first-ever smart asset, in the form of a tokenised corporate bond. The MOS Initiative (Die MOS), a private company focused on the development of Afrikaans mother tongue education in South Africa, chose...

Big data makes waves in auditing and finance

Big data has revolutionised the auditing and finance sector in South Africa. With the wealth of information available at their fingertips, auditors and finance professionals are now able to make more informed decisions, uncover patterns and trends, and provide better...

Mastercard partners with fintech SAVA

Mastercard and Johannesburg-based fintech SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure. Through the partnership, the two entities will provide small...

Everything.Insure debuts digital commercial insurance marketplace

Everything.Insure has become what it believes to be the world’s first platform to offer a commercial insurance marketplace online, enabling businesses to obtain multiple quotes within minutes and streamlining the process of getting cover. The digital platform...

SA fintech develops AI-powered fintech apps

South African fintech consultancy firm Elenjical Solutions (ES) has developed three proof-of-concept AI apps focusing on using proprietary information for rapid information retrieval, code generation, and simplified interfacing with complex systems. The machine...