Is cash still king, or yesterday’s hero?

Depending on who you speak to, cash is either still king or simply yesterday’s hero, writes Vinolan David, head of card issuing at Standard Bank. But what everyone agrees on is that the payment ecosystem of today is drastically different to what it was 20 years ago...

The role of analytics in retail banking

Consumers today expect financial institutions to provide the products and services they need, when and how they want them. The personal connection — or relationship — between consumers and their financial institution has been largely lost as a significant number of...

Qlikview shows public sector how it’s done

The first ever public sector-focused networking business breakfast by QlikView SA, which took place in Johannesburg, was attended by 60 delegates from 25 government agencies, all showing a lively interest in visual analytics leader Qlik’s ability to extract data from...

Accurate and dense data imperative for insurance

The insurance industry is faced with the challenge of managing risk while providing efficient and cost-effective services. By Robin Wagner, vice-president: consumer and insurance at TransUnion Controlling loss ratios, pricing products correctly to ensure the right...

There’s no bail-out for this banking industry problem

The finance sector is in agreement: there’s a major global threat to the success of the banking and finance industry, one that ignores boom and bust cycles, doesn’t care about stock market fluctuations and wouldn’t bat an eyelid if interest rates...

The challenges of branch transformation

As more banking transactions are moving to digital channels, banks and credit unions need to re-evaluate their distribution models and investment priorities. There is no single right answer, but status quo is not an option. Jenni Palocsik, director: solutions...