Aug 11, 2021
Even with a high banked population and a multitude of electronic payment options available, the average South African still use cash for daily purchases and payments with an estimated 78% to 80% of transactions being in cash. Anton van der Merwe, the...
Jul 9, 2021
SWIFT has announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent, removing a key point of friction in cross-border transactions. The new Payment Pre-validation service is a core building block...
May 14, 2021
Traditional insurers have never faced as much competition for their customers’ attention as they do now. By Ross Sibbald, commercial director: Africa at Striata A whole litany of tech-centric startups are coming for their lunch and they’re doing so by...
May 5, 2021
As the pandemic has dramatically accelerated the need for innovation in the global motor insurance industry, insurer MiWay and mobility risk intelligence company Zendrive, have partnered with system integrator DSG. Idle cars have raised consumer demands for fairer...
Apr 28, 2021
Financial services organisations have long dealt with the challenge of providing secure, robust, and cost-effective connectivity to their branch offices, which are often spread out across cities, states, and even countries. By Renee Tarun, deputy chief information...
Apr 23, 2021
Nedbank, in collaboration with Mastercard and Ukheshe, has launched Money Message, a payment platform that lets small and microbusinesses receive secure in-chat payments from their customers via WhatsApp. Believed to be a first in South Africa, the solution will...
