Stokvels: a hidden economy?
In a macroeconomic context, the more a nation saves the more it is able to invest, while in a microeconomic sense, individuals deep in debt are not only unable to save, but are constrained in their ability to spend, says Anton de Wet, managing executive: Client...Digital to revolutionise insurance industy
If, as an industry, we do not transform successfully to being truly digital businesses we will not survive in our current form. This was the overarching message at a recent SSP networking breakfast focussing on the digital evolution and how it is impacting the way...Accurate databases boost insurance sales
There is no doubt that knowledge is power, and any compilation of information is valuable. Databases are extremely hot commodities, as myriad organisations and industries rely heavily on this information for a variety of purposes. Nowhere is this more true than in the...Biometrics and the unbanked
Biometric technology has the potential to radically transform the banking industry by securing identities while improving user-friendliness. And, says Nick Perkins, divisional director at Bytes Systems Integration’s Identity Management division, biometrics also holds...Retail Distribution Review set to make waves
The Retail Distribution Review (RDR) is expected to be one of the biggest shake-ups to hit the financial advice industry.