SA bank uses tech to counter money-laundering

A mid-size South African bank has deployed Fico Tonbeller’s Anti-Money Laundering (AML) solution from Bateleur Software for regulatory compliance purposes, as well as its obligation to customers, and to ensure parity with AML and counter terrorism financing...

Barclays Africa opens CT Rise innovation hub

Barclays Africa officially opened its Rise innovation hub in Cape Town’s Bandwidth Barn yesterday, providing Africa’s innovators and start-ups with a physical location to facilitate collaboration and fintech  (financial-technology) innovation. Created by...

HomeSend launches remittance service with Hello Paisa in SA

HomeSend, the international payment and money transfer hub, today announced the launch of live remittance services for Hello Paisa, a South African money transfer operator offering a fast and efficient way for customers to send money to friends and family in other...

FNB Life boosts access to funeral insurance

FNB Life is expanding the number of convenient channels to take up its Funeral Plan by adding it to the FNB Cellphone Banking platform. The introduction of a more convenient channel will contribute to broadening financial inclusion by allowing customers to take up...

Enhanced decisioning with TransUnion’s DecisionEdge

TransUnion has launched DecisionEdge, an automated risk decisioning ecosystem that provides information that supports sound, fact-based decision-making at every step of the credit lifecycle. It improves the customer experience, drives increased profitability,...

WeChat Wallet launches in SA

WeChat has extended its features with the introduction of a digital wallet service. Like a physical wallet, users can securely store bank cards and make instant cash payments within WeChat with the new feature. With WeChat Wallet, people can electronically send cash...