Bytes, Volanté harmonise payments

The long-standing partnership between Bytes and Volante is now helping South African banks to convert their back office systems to comply with a new standard for cross-border payments clearing. The standard, called SADC Payments, will take full effect in the Southern...

Gemalto protects banks from cyber-threats

Gemalto has launched Ezio Armored Application, an entirely software-based solution that enables banks to quickly deploy secure e-banking applications on any PC. Ezio Armored Application secures e-banking end users against the latest generation of fraudulent and...

Elliott to grow electronic payments adoption

MasterCard, a technology company in the global payments industry, has appointed Mark Elliott as division president for South Africa. Based in Johannesburg, Elliott will oversee the performance, strategic direction and brand development of MasterCard in South Africa....

SWIFT’s Sanctions Screening service grows

SWIFT announces that its Sanctions Screening service has surpassed the 230-customer milestone just two years after its introduction as the first solution in SWIFT’s financial crime compliance services portfolio. Sanctions Screening is a shared service that screens...

Banks can learn from cybercriminals

Cybercrime costs the South African economy R5,8-billion a year and 19% of online banking users have fallen victim to online fraud, up from 10% a year ago, says William Lawrence, regional practice lead: Fraud and Financial Crimes at SAS. Understanding how...

Gemalto unveils comprehensive hub service

Gemalto has introduced its Allynis Trusted Services Hub, a turnkey business service that enables financial institutions, enterprises, transport operators and more generally all digital service providers to benefit from a single connection in order to securely deploy...