SA payments industry shows cautious signs of good growth in 2023

The South African payments industry can expect steady, if cautious growth over the next year. However, like the general economy, much of the growth shareholders are looking for will depend on a stable macro environment and good access to skills, says global...

Only technology can save the tedious, costly insurance industry

Aging insurance companies have a customer experience problem, but hope is on the horizon, writes Wojtek Gudaszewski, founder and chief operating officer of Nsure.com. When new technology disrupts a legacy industry, it’s usually consumers who demand and drive the...

Risk and compliance implications of AI in the insurance industry

Potentially, artificial intelligence (AI) can reshape the insurance industry. From claims processing and improved application management to delivering on-demand solutions and providing enhanced advisory services, its impact can be far-reaching. By Angelique Strumpher,...

Embrace cryptocurrencies, but understand the risks

Any physical, intangible, financial or non-financial investment has an element of risk associated with it and an investor can either accept the risk, try to mitigate it or avoid it entirely. However, to do any of these, the risks must first be understood. By Wiehann...

Insurtech makes regulatory compliance real in a data-driven world

The looming January 2023 deadline for compliance with the latest evolution of the International Financial Reporting Standard, IFRS 17, has brought the critical issue of visibility of data to the forefront for many insurance companies. “Insurance companies still...

BaaS: tomorrow’s financial solutions, today

A multitude of virtual banking and payment options, cardless and accountless services, and now, banking as a service (BaaS) are making financial inclusion the norm instead of a privilege, says Anton Coertzen, chief commercial officer of fintech enablement partner...