Jul 9, 2024
In the post-Covid-19 era, cost containment remains a top priority for most businesses. This presents something of a challenge for data science departments seeking to recruit additional or replacement team members, as the value they bring to the organisation can be...
Jul 8, 2024
According to McKinsey research, cross-border payments are a major revenue driver for payments companies and banks, representing worldwide flows of around $150-trillion a year. Remittances offer particularly attractive opportunities for money launderers, terrorist...
Jul 8, 2024
South African banks love to promote their tech credentials. They’ll incorporate any awards they win for innovation or tech integration into their marketing materials and race each other to introduce new app features. By Harry Scherzer, CEO of FutureForex For the...
Jun 26, 2024
Cross-border trade is a key driver of the South African economy, accounting for over half of the country’s total exports. However, South African exporters face several challenges in receiving cross-border payments, including high transaction fees, currency...
Jun 18, 2024
The rise of financial technology (fintech) in Africa is not just a story of innovation; it’s a narrative about empowerment and transformation. By Chipo Mushwana, executive of emerging innovation and payments at Nedbank As the continent continues to grapple with...
Jun 3, 2024
On 18 April 2024, the South African Reserve Bank (SARB) published its digital payments roadmap. By Lerato Lamola, partner at Webber Wentzel The document entitled Digital Payments Roadmap: Towards Inclusive, Accessible, Effective and Sustainable Digital Payments in...