Old Mutual Insurance debuts UBI, a bot that rewards good driving

The Covid-19 lockdown has rapidly accelerated the relevance of user-based insurance. This is highlighting the creation of a bot called UBI, that could save Old Mutual Insure policyholders up to 30% on their motor vehicle premiums each month. UBI will allow...

Ukheshe launches prepaid payments programme with Mastercard, Nedbank

Through an extended partnership with Mastercard and Nedbank, Ukheshe Technologies the payments platform specialist, has launched its third-party processing services (TPP) in South Africa. The announcement by the fintech specialist gives everyday businesses access to...

Indwe launches car and home insurance advice app

Indwe Risk Services today has launched BluPixl, an all-in-one car and home insurance app that lets consumers choose and manage insurance cover according to their needs. The app is powered by Indwe, an independent insurance brokers, and integrates insurance expertise...

Mastercard helps SMEs tap into the digital economy

Mastercard has launched a new low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers. The “SME-in-a-Box” solution is powered by Mastercard’s payment...

Standard Bank launches online life insurance offering

Standard Bank Insurance, through its Direct Life Insurance Services division, is now offering consumers the option of purchasing life insurance online. Consumers can now purchase Life Cover, Salary Protection, Disability Cover, and Serious Illness Cover by answering a...

Capitec goes paperless

Capitec has introduced an eSignature capability, by means of a biometric fingerprint. Biometric readers allow for sanitisation after each client’s use, while paper documents cannot be easily disinfected between parties. Wim de Bruyn, executive: business...