Low-orbit satellites could improve banking for developing world

Will residents of the developing world thank their lucky stars as low Earth orbit (LEO) satellites start to usher in the next era of global digital transformation? By Anat Hoida, FICO MD: focused industries The cause of Africa’s internet deficiency is,...

Insurance risk managers must embrace technology disruption

The accessibility of sophisticated artificial intelligence (AI) and machine learning (ML) algorithms, enabled by the high-performance capabilities of cloud-based data centres, mean insurers can more readily embrace a culture of innovation when it comes to their...

SA banking needs to create end-to-end SME solutions

While traditional banks express the intention to service SMEs, the inherent challenges faced financing SMEs means that the approval rate of disbursements remains relatively low, with outstanding loans to SMEs lower in 2020 than in 2016. SMEs’ access to credit is...

Digitisation is revolutionising the insurance space

The recently-released KPMG South African Insurance Industry Survey for 2021 has highlighted the role of disruption and innovation, with the majority of CEOs surveyed stating that they are looking to get on the front foot with regard to these twin challenges. Some two...

What if you haven’t planned for DebiCheck?

On 1 November this year, South Africa welcomed the introduction of the DebiCheck payment system to tighten measures against debit order fraud and abuse. But as with many new policies and procedures, there has been adoption, but it is far from universal. According to...

Fintech’s wave in SA is just starting to gain momentum

Looking at the current battle zones and where the next wave of innovation will emerge, C-suites have exciting options, but they must approach fintech correctly, writes Siphiwe Nodwele, MD of Yama Software. Fintech has lit a fire under start-ups and instilled fear in...