Converging forces set to transform retail banking

Banks need to build new capabilities and adapt quickly to emerging opportunities and threats, writes Darrel Orsmond, financial services industry head at SAP Africa. A range of models and millions of dollars in consulting hours are expended to understand the potential...

FBC chooses SSP for insurance solution

FBC Insurance has chosen to support the growth of its Zimbabwean general insurance business in line with its strategic objectives using SSP’s digital insurance platform, SSP Pure Insurance. SSP Pure Insurance is a flexible end-to-end core insurance system for...

10 000 SMEs accept Yoco card payments

South African payments company has Yoco announced it now has 10 000 SMEs in South Africa using its point-of-sale payments platform to accept card payments. The company is adding over 1 000 new SMEs to its base every month, making it the largest independent mobile...

Fulcrum to upgrade broker system

Local specialists in bespoke lending, investment and management services for the insurance industry, the Fulcrum Group, have partnered with international digital technology house Markit Systems, for strategic upgrades and enhancements to the Fulcrum Flexi...

Payments industry launches new type of debit order

Over the last few years there has been a significant increase in debit orders processed to bank accounts without permission (a mandate) from consumers. On the other hand, irresponsible consumer behavior – where bank customers are disputing debit orders that do...

SA’s Peach Payments partners with ACI on Alipay

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, and Alipay have announced that they are launching Alipay in South Africa, via regional payment service provider (PSP) Peach Payments. This builds upon ACI’s long-standing...