2022: opportunities and challenges for the insurance sector

Despite lingering concerns about the impact of Covid-19 variants, the GIB Group is positive about growth prospects for the industry in 2022, writes CEO By Jurie Erwee. The expected accelerating global economic recovery will encourage the demand for insurance. With...

The evolution of the African payment landscape

While South Africa may lag behind other countries in some areas, its banking and payments industry is rated among the best in the world. The entire continent has needed to be resourceful to innovate with payment methods, to serve the banked, underbanked and unbanked....

5G set to be a construction industry game changer

The Covid-19 pandemic has fast-tracked the construction industry’s digital transformation, and more and more companies are leveraging cutting-edge technology to improve their on-site operations. But as digital technology becomes increasingly integral to the...

BNPL drives surge in sales for SA retailers

South Africa’s Buy Now Pay Later (BNPL) market is booming – and it’s attracting growing numbers of retailers looking to expand their customer base and drive more sales, as shopper signups for the instalment-based payment mechanism continue to surge. Craig Newborn, CEO...

Anti-fraud analytics in insuretech booms as cyber war rages

Insurers’ use of predictive analytics to fight fraud has reached an all-time high, according to the latest insurance fraud technology study by the Coalition Against Insurance Fraud and SAS. The State of Insurance Fraud Technology study reveals that 80% of insurers use...