Adoption of contactless payments

As South Africa steadily gears up for the widespread adoption of contactless payment systems, a local expert says consumers have plenty of convenience to look forward to. However, adoption is something of a “chicken and egg” challenge, as introducing the...

Unlock the power of information in insurance

There are three indisputable facts about the insurance industry, says Bruce Taylor, GM: Vertical Solutions, Dimension Data Middle East and Africa. Firstly, it’s a $4,3-trillion global business with premium revenues in emerging economies growing at 11% year-on-year....

Mitigating money laundering risks

 Whether it’s via real estate deals, “fixed” gambling, poor record keeping at a Bureaux de Change, double or inflated invoicing in a company or transferring money to an unknown party regularly for a commission, money laundering is as serious an issue in...

Openness key to mobile transactions

If a smartphone is nearby while reading this – and it will be a surprised if it isn’t – pick it up and take a moment to consider all the things it is, says Bevan Ducasse, CEO of wiGroup.  It’s a calendar, little black book of contacts, a games console, a music centre,...

IT changes financial services industry

According to recent research by Deutsche Bank, financial services firms will spend between $270-billion and $460-billion on IT in 2013 globally. The explosion of technology has changed the financial services industry from a paper and branch business to digitised and...

PayGate attains PCI compliance

Payment services provider PayGate has been certified compliant with the security standards of the Global Payment Card Industry (PCI) Security Standards Council, MD Peter Harvey has confirmed. “The PCI certification is a comprehensive best practice standard for...