Insurers find multi-factor authentication is good for more than just security
The insurance industry has always been quick to secure their customers' assets - after all, their business depends on it. In today's data-driven era, however, the world has come to realise that personal and financial information can be as valuable and therefore...
Iress enables new fund administration features for Maitland
Iress has announced that Maitland Fund Services is now live with its SmartHub low latency connectivity network across derivatives and fixed income, building on its equities capabilities. Maitland's clients are now able to electronically process orders, extending...
Ukheshe processes live instant payments with Mastercard solution
The first businesses in the Middle East and Africa region have started to experience the seamless ease of Mastercard's Track Instant Pay solution, in partnership with pan-African fintech enablement partner, Ukheshe Technologies. Track Instant Pay is a next-generation...
Experimental multi-CBDC platform for international settlements debuts
The Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore, and the South African Reserve Bank have announced the completion of prototypes for a common platform enabling...
Women and fintech: the missed opportunity
This International Women's Month is an opportunity for employers to reflect on their ESG strategies and envision truly sustainable Diversity, Equity & Inclusion (DEI) agendas. A bolder vision for DEI should be to generate lasting wealth for previously...
Telkom Financial Services launches Telkom Pay mPoS app for SMMEs
To simplify business for small, micro, and medium enterprises, Telkom Financial Services has launched the Telkom Pay Mobile Point-of-Sale (mPoS) app, a fintech tool that allows business owners to make and receive payments through their mobile phones. Telkom Financial...
Investec launches Programmable Banking
In what it believes is a local industry first, Investec has launched Programmable Banking for business and private banking clients, offering them access to their banking and transactional data and the power to craft individualised banking services. In a...
TymeBank partners with National HealthCare Group on affordable medical insurance
TymeBank has partnered with National HealthCare Group to bring affordable medical insurance to consumers, through the launch of TymeHealth, an app-based offering that provides medical insurance for as little as R139 a month. Statistics show that just 8,9 million South...
Transforming customer experience in the financial services sector
In an increasingly online and connected world, financial service clients have been quick to accept apps as a remote banking option. By James Bayhack, sub-Saharan Africa director at CM.com However, as the sector is reimagined with digital communications, mobile...
Remote working requires greater workforce support
Remote working has become part of the standard operating procedure of many companies across industry sectors. By Annalie Terblanche at SilverBridge Holdings At the very least, business leaders have embraced a hybrid environment where employees split their time between...
Fintech trends that are changing the face of payments in emerging markets
Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital financial services. Mark Dankworth, president: business development Africa at Ukheshe, shares his thoughts on how mobile money, cross-border payments and 'buy...
QR payments take off with businesses, consumers
Although already on a steep adoption curve, Covid has fast tracked many organisations' digital payments strategies. QR codes in particular are finding favour amongst major South African banks. Capitec's most recent peer2peer (P2P) account-based payment offering is the...