Insurtech transforms a staid SA insurance industry

Once viewed as a threat by the local insurance industry, one of today’s hottest trends emerging in South African fintech is insurtech. “Insurtech has gained momentum over the last two years in South Africa,” explains Dominique Collett, head of...
Biometric ATMs extend banking services

Biometric ATMs extend banking services

FNB has launched a mini-ATM that uses biometrics as a means of consumer validation, a move the bank believes is a first for South Africa. The TouchPoint device functions as a self-service kiosk from which customers can conduct transactional banking such as...

Midsize companies lag in digitalisation

The top two business priorities for CIOs of midsize enterprises (MSEs) in 2018 are growth and digital transformation – but 57% of MSEs are not yet delivering digital initiatives, according to Gartner’s 2018 CIO Agenda Survey. “Digitalisation has the...

SMEs are ready to embrace IoT

Small and medium enterprises (SMEs) are notoriously slow when it comes to adopting new technologies, but South African SMEs are about to do a U-turn in this regard, thanks to the Internet of Things (IoT). In fact, as many as 83% of decision-makers responding to a new...

How Cape Town desalination was fast-tracked

Multi-disciplinary engineering consultancy WSP has helped to fast-track development of the City of Cape Town’s V&A desalination plant, feeding 2.0 megalitres of fresh water into the city’s network per day. Located at the V&A Waterfront, the...

Apple nudges closer to $1trn market cap

Apple is getting close to $1-trillion in market value, set to become the first company to hit that mark. Stock prices rose on fiscal 2018 results, which showed a 16% revenue increase. They were boosted further with the announcement that Warren Buffet’s Berkshire...