Cybersecurity, cyber resilience requirements come into force soon
Financial institutions have until 1 June 2025 to comply with South Africa's Joint Standard 2 of 2024: Cybersecurity and Cyber Resilience, published by the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (Authorities) in May 2024. "The Joint...
Africa democratises SMEs’ access to funding
In South Africa’s fast-evolving business landscape, access to funding remains one of the most persistent barriers to growth for small, medium and micro enterprises (SMEs). By Andrew Maren, founder and CEO of ProfitShare Partners These businesses are often hailed as...
Unlocking the future of business expansion with payment APIs
With over 1,4-billion people, a rapidly digitising economy, and untapped markets, Africa is becoming the next big frontier for business. By Sean van Kerckhoven, director of partnerships for Yellow Card Payment APIs are at the heart of this expansion, enabling...
Co-pilots and GenAI will impact financial management
In recent years, financial professionals and accounting practices have increasingly benefitted from the powerful capabilities of artificial intelligence (AI). Machine learning (ML) and AI have empowered finance teams to significantly increase the level of automation...
African BFSIs can build trust in AI
As artificial intelligence (AI) becomes integral to banking and financial services institutions (BFSIs) across Africa, fostering consumer trust in AI-driven systems is critical to ensure long-term success. Fortunately, BFSIs can balance innovation with ethical AI...
Emerging trends in SA’s digital payment landscape
In recent years, the way consumers, financial service providers and retailers handle payments has undergone a significant transformation. By Jason Sive, CEO of Mobicred and RCS Digital Executive The aggressive rate at which digital solutions are being adopted in South...
What Directive 9 means for CASPs
With South Africa tightening its grip on crypto regulations, Crypto Asset Service Providers (CASPs) must act now to avoid compliance failures, writes Sameer Kumandan, MD of SearchWorks. As of April 30, 2025, Directive 9 will introduce stricter requirements for...
Protect cardholder data with compliant PCI DSS service providers
Businesses handling cardholder data are under increasing pressure to safeguard sensitive information and maintain compliance with a variety of security standards. One of these standards, and an essential one for any business that processes payments online, is the...
API tsunami threatens SA banks
The rapid increase of API integrations has been a significant challenge for banks for some time. However, the urgency to find a solution has grown due to ongoing modernisation efforts and growing open banking regulations. A well-defined integration strategy is now...
SA banks need a complete app overhaul
It’s not just technology that is changing at breakneck speed, how different groups of customers engage with new technology is also shifting. While banks have spent fortunes on protecting their customers against fraud, this has slowed down spending in other areas. And...
The future of payment integration
As we enter 2025, Freddie Prinsloo, chief innovation officer at Amplifin, offers insights on what trends to look out for in the payments sector. In recent years, payment solutions have evolved radically locally and internationally. With new technologies and systems...
ProfitShare Partners aligns with global AI trends
As artificial intelligence (AI) continues to redefine industries worldwide, fintech companies are integrating AI-powered technologies to optimise lending, enhance customer experiences, and improve risk management. ProfitShare Partners (PSP) is embracing these global...