Banks have to help customers improve finances

The South African banking sector continues to go through remarkable evolution due to its competitive nature and rising consumer expectations. Raj Makanjee, chief executive of FNB Retail, says financial pressure on households is one of several factors that is...

AI helps unlock data potential of banks

Artificial intelligence (AI) provides banks with the means to make better use of the massive amount of data at their disposal. In doing so, they can identify opportunities for growth faster and gain significant competitive advantage at a time when more agile digital...

Future of African payments based on pragmatism

As we enter the next decade, local and African merchants should support payment methods that suit their customers, rather than following global trends just for the sake of it. Peter Harvey, MD of payment service provider DPO SA, looks at five trends we can expect over...

What can SA fintech expect in 2020?

Fintech is rapidly transforming the very essence of global financial services, writes Dominique Collett, a senior investment executive at Rand Merchant Investment Holdings and the head of AlphaCode. Here at AlphaCode, we spend a lot of time researching and thinking...

Paxful looks back on five years of bitcoin growth

Global peer-to-peer bitcoin marketplace Paxful has announced its official 2019 growth metrics. On its platform, Paxful sees bitcoin (BTC) trades denominated in most national fiat currencies across methods such as gift cards, bank transfer, and online wallets. The...

How blockchain is disrupting the insurance industry

Most insurers have started exploring the opportunities the blockchain can deliver to their business. With 81% of insurers globally familiar with the technology, some areas of focus are fraud prevention, the digital tracking of medical records, and developing smart...