SWIFT trials SME payment service

SWIFT has announced plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. The service will enable these bank customers to make faster, easier, predictable...

Commonwealth countries look to unlock fintech potential

A innovative toolkit to help countries unlock the potential of financial technology to deliver inclusive economic progress has been launched by the Commonwealth Secretariat. The toolkit has been created in response to the requests of Central Bank Governors from across...

Telco industry is vulnerable to fraud

South African and global telecommunications companies and mobile network operators spend millions when securing their services and their customers’ personal information. Despite these efforts, however, the Communications Fraud Control Association reveals in its...

Insurers need to move beyond risk and protection

Consumers demand more monetised value and digital convenience, writes Cornel Schoeman, chief operating officer of Genric Insurance Company. Until recently, traditional insurance models have remained remarkably resilient in the onslaught of digital transformation and...

Netcash partnerships to streamline payment processes

Payment solutions provider Netcash has integrated its payment solutions with Billdozer, Paycycle and uCollect. Netcash clients now stand to benefit from the integration capabilities offered by these independent software vendors with Xero Accounting. Netcash MD Charles...

Claims automation, innovation are key to client satisfaction

In Aon’s 2019 Global Risk Management survey, failure to innovate or meet client needs was pegged as the #9 risk facing businesses around the globe. A year later, the Covid-19 pandemic and subsequent global lock-downs have magnified the need for digital...