Secure the payment process to minimise fraud

As the Internet of Things (IoT) connects more and more devices, the potential for hacking, theft of sensitive information and other cyber-crimes extends to an ever-increasing numbers of devices, says Simeon Tassev, director of Galix. The reality is that cyber-crime...

Intervate, Santam build Extranet portal

Santam is one of South Africa’s largest and most historic insurance companies. Majority-owned by the Sanlam Group, Santam’s base of customers represents a 22% market share in the local short-term insurance market. Having first opened its doors 96 years ago, Santam...

Banking the unbanked is not the only way

By accepting “unbanked” as a defining measure for financial inclusion, financial services institutions could find offering products to lower income groups due to the lack of physical banking infrastructure challenging. Hollard, which has a footprint in...

The drivers of a cashless society

Using technology to eliminate, or at least reduce, the need for cash is as much about empowerment as it is about convenience. In banking terms, the development of a cashless society is something of a chicken and egg situation. Is society demanding cashlessness – or...

Be financially savvy in 2015

Of all the numbers you aim to improve on this year, from the number on the scale to your bank balance, your credit score is one that should be prioritised, especially if you are aiming to take out a loan of any sort in the months ahead. What is cause for concern is...

Moving from data to intelligence

Big data is not simply a buzzword, but a trend that is possibly shaping the world we live in today. The vast volumes of data that are generated from a growing variety of sources at a rapidly increasing pace offer the ability to tap into greater intelligence than ever...