Standard Bank sees rapid growth in Instant Money transfers

Digital money transfers are becoming entrenched in South African culture as a popular way to send cash across the country. Today, if you want to send money to anyone, anywhere in South Africa, it can be done via a mobile phone. This infrastructure is widening access...

Reliable credit scoring made easy

Alternative credit scoring fintech company CredoLab has launched in South Africa to help financial institutions and other lenders credit score more people, especially those who are new to bank and new to credit. Launched in Singapore three years ago, CredoLab develops...

NEC XON creates KYC solution

NEC XON has created a Know Your Customer (KYC) solution to help mobile network operators and financial services businesses comply with legislation while cutting the costs, time, and resources usually associated with issuing SIM and bank cards. Doing so helps them...

Coindirect raises SA trading limit

Coindirect has announced an increase to the trading limits for verified South African traders. The new limit, set at R1-million for fixed quote purchases, comes hot on the heels of the launch of its brokerage style platform, announced on 26 September. The OTC...

Insurers need contextualised marketing

Thanks to digitalisation and the effective analysis of data, marketing continues to become more personalised and contextual. In fact, digital technologies enable companies to provide customers with relevant and quality experiences reflective of today’s real-time...

SilverBridge launches AI division

SilverBridge, a provider of insurance software solutions for the African financial services industry, has launched its artificial intelligence (AI) division focusing on Merlynn’s Tacit Object Modeller (TOM). “Given the amount of data available to insurers,...