FNB unveils mobile banking for the underbanked

First National Bank (FNB) has announced the launch of eWallet eXtra, a mobile bank account that allows unbanked and underbanked South African consumers to use a feature phone or a smartphone to open a bank account without ever walking into a branch. eWallet eXtra will...

CaseWare Africa launches Modified Cash template

CaseWare Africa, a division of AdaptIT, has launched a template for the Modified Cash standard. The standard was developed by the Office of the Auditor General in National Treasury to mandate the principles by which national and provincial departments should present...

IMB’s Money App makes mobile money easy

IMB Financial Services has launched the Money App, which will assist communities in accessing and managing their finances from the convenience of a smartphone or tablet. The IMB Money App is available from the app stores, and once the IMB Money App is loaded onto a...

Root launches Insurtech platform

Technology company Root has announced the Root Insurance, a new platform API that enables software developers to rapidly prototype and launch digital insurance products into the South African market. Root’s API enables software developers, using only code, to...

FirstRand eyes digital insurance solutions

FirstRand has been awarded a short-term insurance licence by the Financial Services Board (FSB), three years after acquiring its long-term insurance licence. The licence will enable FNB to become a complete insurer, with the ability to underwrite short and long-term...

NCR debuts new ATMs

NCR has launch the NCR SelfServ 80 Series, a new family of ATM solutions that will help financial institutions redefine the banking experience and change the way consumers interact with the ATM forever. Through a combination of software, hardware, and services,...