Where to next for international money transfers?
Today, we live in a world of instant gratification. Everything, from entertainment to shopping, is available on-demand and nearly instantaneously. International money transfers are, however, one exception, writes Harry Scherzer, CEO of FutureForex. Despite massive...
LG to open online store
LG Electronics South Africa will launch its e-commerce platform at the end of August, offering consumers its full range at their fingertips. Jinkook Kang, subsidiary president at LG Electronics South Africa, comments: "Our e-commerce launch is more than just a new...
Collaboration, awareness key to solving the e-waste crisis
As far as electronic waste in South Africa goes, the work has only just begun. Fortunately, key players like E-Waste Recycling Authority (ERA) are making strides in this area, as shown by their recently released 2023 Annual Report. Responsible for processing 22% of...
Access to earned wages can increase female financial inclusion
August is Women's Month in South Africa, which is an opportunity to commemorate advances made in respect of women's rights, and to draw attention to gaps remaining in terms of gender equality and female inclusion in society. The theme of the 2024 Women's Month is...
Realtime water quality monitoring vital
The recent cancellation of the swimming portion of a practice run for the Olympic triathlon due to concerns about water quality in the Seine River has highlighted the critical need for real-time water quality monitoring. The decision, influenced by weather-related...
Customers shouldn’t suffer because of international finance complexity
For South Africans, navigating the international finance system can feel incredibly complex, particularly when it comes to transferring money or making payments across borders. By Harry Scherzer, CEO of FutureForex Every international transaction involving the...
What the shift from RMS to RM means for debit orders
The South African debit order landscape has undergone significant transformations to enhance security and efficiency. Central to this evolution was the introduction of the DebiCheck debit order system. The South African Reserve Bank (SARB) dictated the implementation...
The practical implications of the ‘two-pot system’
With the 1 September implementation deadline looming, South Africa's 'two-pot' retirement reform is fast coming to the boil. However, while President Cyril Ramaphosa is expected to sign the new Pension Funds Amendment Bill in the coming weeks, for many employers and...
Absa Credit Coach helps customers boost credit scores
Since Absa launched its financial inclusion Credit Coach in April 2024, it has garnered over 1,4-million views. Absa Credit Coach, available for free on the Absa banking app, offers a suite of tools to help customers monitor and improve their credit scores: * Check...
Prosthetic digits are transforming lives
Whilst small in size, the role of fingers in our overall body mobility is huge. Our fingers play a critical role in the accomplishment of everyday activities, allowing for tactile sensations and multiple fine movements from the grasping and manipulation of objects...
New CASP licenses highlight need for clarity
South Africa's Financial Sector Conduct Authority (FSCA) recently approved the licence applications of 63 more crypto asset service providers (CASPs). They are therefore now authorised to act as financial services providers. This brings the total number of approved...
Navigating SA’s financial regulations
Stringent regulatory compliance is a key driver of financial inclusion and competitive advantage. By upholding strict standards, brokerages build trust, attract clients, and stand out in a crowded market, writes Dany Mawas, CEO of Finalto South Africa. In an era where...