FNB rolls out QR code payments on Speedpoint

Consumers shopping across the country will now be able to make QR code payments (Scan to Pay) on all FNB’s standalone point of sale terminals (Speedpoint devices). Thokozani Dlamini, FNB merchant services CEO, says given the challenges we are currently facing...

Three trends currently shaping govtech landscape

The Covid-19 pandemic has challenged the majority of countries around the world. While some of the solutions proposed by governments have varied, when it comes to providing social, economic, and medical assistance, those with developed govtech — a...

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...