Are cryptocurrencies the 21st century’s biggest fraud?

As of 5 May 2020, Tether was the world’s most purchased cryptocurrency, with $56.16 billion in 24 hour trade volume. However, Tether did not appear in the list of top five cyptocurrencies by daily transactions in the same period, nor in the first quarter of the...

Lombard Insurance improves cash flow reporting

Decision Inc has assisted South African insurer, Lombard Insurance, to overhaul a manual cash flow process with an automated one based on Workday Adaptive Planning, providing Lombard Insurance with an accurate and immediate overview of the financial status of their...

Fintech, financial institutions find new ways to dance

Tom and Jerry. David and Goliath. Fintechs and financial institutions. I’ve watched this ‘plucky underdog takes on industry giant’ movie several times, writes David Reynders, chief technology officer at Merchant Capital. In 2020, it’s...

Research points to need for digital transformation

The Covid-19 pandemic is emerging as a powerful driver for digital transformation in the insurance industry, with a shift from an intermediated world to one of faceless onboarding and servicing. By Robin Wagner, senior vice-president: international insurance at...

Risks and opportunities in the fintech world

Technological innovation in financial services is essential to staying in the game. But so is a considered approach to managing risk, writes Kevin Moodley and Christopher O’Flaherty from BDO South Africa. Fintech, regtech, wealthtech, proptech – it feels...

Cloud delivers security for financial services

Worldwide, financial services organisations are turning to the cloud as the means to transform outdated legacy systems and commit to disruptive technologies. The size of the public cloud market is expected to top $354-billion by end of 2022, a significant jump from...