MMI supports Startupbootcamp programme

JSE listed MMI Holdings has upped its investment in innovation by becoming an early investor partner in the first ever insurance incubator programme managed by Startupbootcamp, a leading international start-up accelerator. Based in London, the programme invites global...

Digital transformation to change insurance

The advent of the digital world is revolutionising technology, in turn creating disruptive trends such as social, mobile, analytics and cloud (SMAC), says Saraswati Pramudi, principal consultant at Wipro BAS Architecture Practice. A new category of consumer is...

Insurance as a service

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

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

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

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’...