What goes into that insurance app?
Most of us know that taking out insurance is a sure sign of "having your life together" and have some form of insurance for our cars, home, life or funeral. If you don't, you know you should. By Sizwe Mase, business development lead at Root Platform Like a growing...
Huawei launches Mega ICT infrastructure package
Huawei launched its Mega ICT infrastructure package solution for the African banking market, at Huawei Intelligent Finance Summit for Africa 2023 in Cape Town. The solution aims to ensure that banks and other financial service companies across the continent are...
Building a digital, sustainable bank for the future
Banking, like many other sectors, has responded to rapid change and evolving customer needs by developing a digital strategy. By Takalane Khashane, MD of Iron Mountain South Africa Banks in South Africa are increasingly using new technologies, digital solutions and...
Growing compliance could take a toll on acquiring margins
Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In its 2023 banking outlook, Deloitte has advised banks to "...reassess traditional product, service, and industry boundaries to create...
Huawei Cloud introduces smart finance solution
Huawei has launched its Huawei Cloud's all-scenario smart finance solution to Africa. The solution, announced at the Huawei Intelligent Finance Summit for Africa 2023, will effectively drive the digitisation and leapfrogging development of African's financial and...
New opportunities for long term insurers
The rapid adoption of technology has disrupted traditional business models, with many institutions forced to digitise faster than anticipated. The Covid-19 pandemic also played a key role in accelerating the adoption of technology over face-to-face interaction. By...
Payshap to spur chat commerce but pricing complexity will impact uptake
South Africa's long awaited and highly anticipated rapid payment programme (RPP), PayShap, offers huge potential to boost digital payments and, when used in conjunction with technologies such as chat commerce, could serve as a real game changer for businesses. But the...
Huawei calls for a ‘non-stop’ digital future for Africa’s banking industry
Huawei announced its ‘Non Stop Banking’ initiative. Unveiled at the Huawei Intelligent Finance Summit for Africa 2023, the initiative calls for hand-in-hand collaboration between the ICT and banking industries and facilitate a digital future of ‘non-stop’ services,...
How geospatial data is revolutionising banking
Change is constant in today's world. In the financial services and banking sector this presents unique challenges, such as increasing competition, ongoing regulatory compliance requirements, and rising customer expectations. By Charl Fouché, chief operations officer...
Leveraging health data in the intelligent automation of underwriting
Given the myriad of stakeholders along the healthcare journey - from doctors and pharmacists to nurses and hospitals- integrating the almost countless, disparate data sets to get a singular view of a consumer is a complex undertaking. By Simon Spurr, MD of Alula...
Building a digital, sustainable bank for the future
Banking, like many other sectors, has responded to rapid change and evolving customer needs by developing a digital strategy. Banks in South Africa are increasingly using new technologies, digital solutions and data analytics to reimagine and enhance customer service...
Personalisation, automation are transforming wealth management
The financial services sector is currently experiencing a period of significant change and uncertainty, as central banks continue to battle rising inflation and interest rate increases. By Morné Fischer, founder and MD of xSMTHS At the same time, the Covid pandemic...