Traditional financial institutions must transform or die

With fintechs, big-techs and start-ups already eating into traditional financial institutions’ market share, banking and insurance company chief executives need to identify their organisations’ strengths and build on them – or they will quickly...

The big questions around mobile transactional platforms

“Why”, rather than “how'”, will become a key focus for next generation transactional platforms in 2019. This is according to Kobus du Plooy, CEO of transactional platform provider Celbux, who says that, as digital banking solutions proliferate...

Retailers, government missing out on new payment trends

Merchants, retailers and the government are missing out on their share of the R14bn local online retail market, partly because they’re not cashing in on alternative digital payment technologies, says Adesh Kisten, head of sales at instant EFT payment provider...

Digital disruption transforms insurance

South African insurers must embrace digital disruption and the associated technologies to remain competitive and provide customers with a more immersive experience. This is according to Shingie Maramba, business development manager at SilverBridge, who adds:...

New digital banks must balance the three Cs

With the launch of several new banks in South Africa and the disruption caused by digitalisation, the incumbents are re-aligning themselves to better support a digital environment. By Nathen Pillay, sales director for applications at Oracle South Africa Newcomers must...

Technology socialises financial services

The financial services industry has long been seen as extremely traditional in its technology use, but that is not the case, says Richard Firth, CEO of MIP Holdings, who points out the many innovations the sector has brought about over the past decade. “From...