Banking security: threat or opportunity?

With the global threat to online security seemingly at an all-time high, Quintis Venter, a senior software engineer at ThoughtWorks argues that the threat to the financial services industry stems from technological deficiencies as a natural consequence of internal resistance to change. So how secure are online banking apps? They’re not. Many applications are technically secure, but it is important to understand that security is not just a technology problem.

UCS Solutions now PCI DSS compliant

UCS Solutions, the leading IT service provider to the retail industry, is proud to announce the organisation’s recent certification to PCI DSS (Payment Card Industry Data Security Standard) Version 3. This major milestone was achieved as a Payment Service Provider...

Saracens rolls out Gemalto wristbands

Gemalto is supplying Saracens, one of the UK’s most successful rugby union clubs, with prepaid wristbands that offer fans speedy and secure contactless payment for food and drink at its Allianz Park stadium in north London. The pilot project marks the first step...

Old Mutual launches debt education tool

Old Mutual has launched an online, interactive version of its successful On the Money financial education programme, aimed at helping educate South Africans on debt reduction and wealth creation.John Manyike, head of financial education at Old Mutual, says, “This...

MasterCard launches SME discount portal

South African MasterCard business cardholders now have access to an array of exclusive offers with the launch of MasterCard Business Perks, an online portal of discounted products and services designed to support small and medium enterprises (SMEs).The National...

IFC, Mastercard grow partnership

IFC, a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration...