Big data, big solution for insurance

News that the UK insurance industry is prioritising big data in 2016 will not leave the South African insurance industry on the hop, writes Robin Wagner, vice-president: international insurance at TransUnion. Thanks to the Insurance Data System (IDS) created by risk...

Connecting the always-mobile bank of the future

As a mobile-centric hub, Africa has the capability to approach banking in a whole new manner. In fact, today very few Africans have access to traditional banking accounts. The issue that arises is a lack of infrastructure to support the all-encompassing digital bank...

Will IoT impact also on banks?

Discussions around the Internet of Things (IoT) are widespread in the technology industry right now, with many analysts suggesting that we are entering the second digital revolution, writes Christelle Toureille, vice-president: marketing for Middle East and Africa at...

What Android Pay UK means for the market

Jack Kent, director of IHS Technology, offers his analysis of Google’s launch of Android Pay UK. Based on our data on Android OS version and NFC support (which we understand is a requirement) we estimate that there should be around 25-million to 30-million...

Mobile payments have revolutionised business

There are approximately 447,9-million mobile payment users worldwide, a remarkable evolution from coins being introduced in 700 BC, notes in the 10th century and the introduction of Western Union’s “credit card” in the 20th century, writes Charles...

Brace yourselves for business banking charges

South Africa’s banking sector is experiencing just as many difficulties as every other business because of the deteriorating economic outlook, says Andries Kok, CFO of PayAccSys. And, just like every other business, banks are seeking ways of increasing their...