Apr 19, 2023
For almost 20 years, the South African banking industry has tried to achieve digitisation and innovation, but has largely failed to capitalise on earlier opportunities. By Richard Firth, CEO, MIP Holdings Despite extensive investment into their technology ecosystems,...
Apr 14, 2023
Insurance fraud is soaring around the world, with a study by The Coalition Against Insurance Fraud (CAIF) last year indicating that insurance fraud in the US alone costs consumers $308,6-billion yearly. Zurich UK, one of Britain’s biggest insurers, said the...
Apr 12, 2023
If banks want to remain competitive in the face of neo-bank and fintech upstarts, they’ll have to fundamentally change the way they do business to be digital first. And, if they’re going to achieve that goal, then working with technology partners to ensure...
Apr 6, 2023
As the world weathers a growing financial crisis, socio-political instability, the post pandemic repercussions and major weather catastrophes, the impact on clients and insurers alike has been profound. South Africa has not emerged unscathed, and a combination of both...
Apr 5, 2023
South Africa’s fintech sector is growing exponentially, with 71% of consumers now using fintech to perform five or more everyday financial tasks. Consequently, a number of regulations to govern the industry are currently being developed, amended, or discussed....
Apr 4, 2023
Most of us know that taking out insurance is a sure sign of “having your life together” and have some form of insurance for our cars, home, life or funeral. If you don’t, you know you should. By Sizwe Mase, business development lead at Root Platform...
