Feb 17, 2022
Years, and sometimes decades, of patchwork additions as new products and services were added have left many banks with a real tech headache. Now, as they struggle with the challenges of open banking and more recently the rise of embedded banking, traditional banks are...
Feb 17, 2022
Despite lingering concerns about the impact of Covid-19 variants, the GIB Group is positive about growth prospects for the industry in 2022, writes CEO By Jurie Erwee. The expected accelerating global economic recovery will encourage the demand for insurance. With...
Feb 14, 2022
While South Africa may lag behind other countries in some areas, its banking and payments industry is rated among the best in the world. The entire continent has needed to be resourceful to innovate with payment methods, to serve the banked, underbanked and unbanked....
Feb 10, 2022
Insurers’ use of predictive analytics to fight fraud has reached an all-time high, according to the latest insurance fraud technology study by the Coalition Against Insurance Fraud and SAS. The State of Insurance Fraud Technology study reveals that 80% of insurers use...
Feb 10, 2022
Blockchain is set to irreversibly shake up the global payments system – for the better. This prediction by Nigel Green of deVere Group, comes amid growing adoption of cryptocurrencies like Bitcoin, and a flurry of global financial innovation as central banks around...
Feb 4, 2022
There can be little doubt that the past two years have been among the most challenging South African insurers have ever faced. The business closures and loss claims as a result of the hard lockdown in early 2020 came as a seismic shock. Since then, death claims have...
