Fintech and bank partnerships can grow SMEs

The fintech adoption rate in Africa is set to soar, with South Africa ranking third in future growth, after China and India. This is due to the presence of established fintech firms and higher customer acceptance in the country. Partnerships between fintech start-ups...

Microfinancer replaces legacy with Temenos software

Barko Financial Services selected Temenos software to replace its legacy systems, in both core and front office. The microfinance institution will use cloud-native, cloud-agnostic Temenos T24 Transact, the next generation in core banking, and Temenos Infinity, the...

thryve opens Canadian office

thryve, a provider of insurance, risk and governance technology solutions, has opened an office in Toronto, Canada. "The technology sector in Canada is growing at an incredible rate," says Neer Rama, Force Solutions product manager at thryve. "We believe that this is...

Sophisticated tools help track defaulters

The South African Reserve Bank Quarterly Bulletin for March 2019¹ reports that household debt increased at a faster pace in the fourth quarter of 2018, edging up to 72,7% as a percentage of nominal disposable income, and suggesting that South Africans are borrowing to...