FNB SpeedPoint terminals accept UnionPay contactless payment
First National Bank (FNB) and UnionPay International (UPI) have jointly announced that UnionPay cardholders will be able to make contactless payments with their cards via FNB Speedpoint terminals at merchants in South Africa. FNB becomes the first bank in South Africa...
Insurance brokers turn to technology
The Covid-19 lockdown has been a catalyst for brokers to accelerate their use of cloud-based technology platforms to manage client relationships remotely. Unlike ecommerce, which is very much in the public domain, Insurtech platforms have surged in relevance and...
Cloud delivers security for financial services
Worldwide, financial services organisations are turning to the cloud as the means to transform outdated legacy systems and commit to disruptive technologies. The size of the public cloud market is expected to top $354-billion by end of 2022, a significant jump from...
SMEs face barriers to necessary finance
As the coronavirus pandemic forces South Africa to grapple with a new reality, many of the country's significant economic and social challenges have become more severe. By Colin Timmis, Xero SA country manager Many SMEs are struggling to sustain their bottom line, and...
SilverBridge partners with Hollard Botswana on cloud migration
Hollard has modernised its operations by partnering with SilverBridge and migrating its Exergy solution to Microsoft Azure as the independent insurer focuses on embracing emerging technologies to help position the business for a digital world. Previously, Hollard...
Digitalisation in insurance
The current lockdown in South Africa is a major challenge for businesses to maintain operations. For insurers, much of this revolves around empowering employees with the capability to work remotely and continuing to provide customers with the required products and...
A sneak-peek at the future of crypto asset regulation in SA
The Intergovernmental Fintech Working Group (IFWG) has released its long-awaited position paper on Crypto Assets (the Position Paper) following the initial consultation paper published in 2019. By Seshree Govender, Cindy Liebowitz and Fatima Ismail from Webber Wentzel...
MortgageMarket launches instant Home Loan Pre-approval tool
Getting a home can be an exciting yet stressful journey when it comes to knowing if the bank will loan you the necessary funds. In a time where interest rates are at a 25-year low, there's never been a better time to invest in property and it starts with finding out...
Cloud predictions for banking and fintech
The use of cloud-based services has been gaining traction amongst a wide range of industries and businesses. According to Gartner, over the last couple of years, cloud companies have noted more than 17% growth. Additionally, as of 2019, 94% of enterprises are already...
Insurers need personalisation to become more personal
Adopting a more personalised approach to customer engagement and product development present insurers with the opportunity to influence customer loyalty and respond to ever-increasing customer expectations. Nelson Camara, go-to-market executive at SilverBridge,...
Infobip, Blue Turtle enable chat banking platform at SA bank
Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, together with enterprise technology company Blue Turtle Technologies, has successfully completed the...
Ukheshe offers free transactions for grant disbursements
It is anticipated that there will be millions of recurring grant recipients over the next three to six-month period. Micro-payment platform Ukheshe, together with its key strategic partners, Mastercard and Nedbank, has announced that the Ukheshe platform will be free...