Insurance as a service

Jun 15, 2015

Studies conducted by Ovum reveal that the use of SaaS (software as a service) in the global insurance industry is already significant with at least a third of all insurers fully deploying or trialling SaaS currently. Despite a significant minority of insurers...

SimbaPay launches access to M-Pesa PayBill

Jun 11, 2015

SimbaPay has announced the launch of the first product in the world that allows Kenyans living abroad to make M-Pesa PayBill payments. This is a new addition to the existing SimbaPay platform. M-Pesa PayBill is an M-Pesa service that has previously only been available...

Bytes MS reduces costs with NCR

Jun 8, 2015

Banks can each save up to R5-million per year by employing a tailored cash management solution. This is according to Alan Anderson, Bytes Managed Solutions’ Business Development director, who says that Bytes Managed Solutions (Bytes MS) can ensure significant cost savings through its latest cash management technology from NCR Corporation, the global leader in consumer transaction technologies.

Altech Card Solutions renews PCI DSS V3

Jun 5, 2015

Alarming statistics released recently by the South African Banking Risk Information Centre (SABRIC) indicate that banking and card fraud is on the rise, resulting in losses to the industry of R454-million in 2014 alone. Against this backdrop, Altech Card Solutions’...

Sasria gains additional functionality

Jun 5, 2015

Sasria, as Africa’s foremost special risks insurer, covers property worth billions of rands against extraordinary risk. These risks include damages arising from riots, strikes, and terrorism. Sasria distributes its cover through agent companies (insurance companies)....

HomeSend wins banking award

Jun 2, 2015

HomeSend, an international transfer hub created by MasterCard, eServGlobal and BICS, has been named “Best Payment Product in Africa” at the Asian Banker Middle East and Africa Awards. The award recognizes payment products that efficiently enable secure, end-to-end...