SA insuretech updates SaaS solution
South African insuretech Briisk has launched a new version of its Briisk Instant Transaction Platform (ITP). The Briisk ITP is a cloud-based insurance solution that provides reinsurers, insurers, underwriting managers, brokers and agents with the automation of the...
How the payments industry could survive a second Covid wave
The expectation of the second spike in Covid-19 cases poses a unique risk to businesses both in physical space and on the Internet. The first lockdown posed quite a few challenges, however, it has also distinguished alternative options and niches that could be...
Netcash partners with Zapper, SnapScan
Netcash has added QR payments from Zapper and SnapScan to the payment methods supported on its Pay Now Online Payment Gateway, Pay Now Invoice billing platform and Pay Now Request alerts. Netcash merchants can generate a QR code on an email or paper invoice generated...
Old Mutual Insurance debuts UBI, a bot that rewards good driving
The Covid-19 lockdown has rapidly accelerated the relevance of user-based insurance. This is highlighting the creation of a bot called UBI, that could save Old Mutual Insure policyholders up to 30% on their motor vehicle premiums each month. UBI will allow...
Ukheshe launches prepaid payments programme with Mastercard, Nedbank
Through an extended partnership with Mastercard and Nedbank, Ukheshe Technologies the payments platform specialist, has launched its third-party processing services (TPP) in South Africa. The announcement by the fintech specialist gives everyday businesses access to...
Indwe launches car and home insurance advice app
Indwe Risk Services today has launched BluPixl, an all-in-one car and home insurance app that lets consumers choose and manage insurance cover according to their needs. The app is powered by Indwe, an independent insurance brokers, and integrates insurance expertise...
Mastercard helps SMEs tap into the digital economy
Mastercard has launched a new low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers. The "SME-in-a-Box" solution is powered by Mastercard's payment technology and that...
Standard Bank supports shift away from cash
The shift away from cash and towards digital and contactless payment methods has been accelerated by the pandemic. This, Standard Bank believes, will remain at elevated levels, and continue to grow under the new normal. "Digital payments have now become a critical...
The rise of the machines in digital banking
As AI and IoT become a part of our lives e-banking is gaining traction and with that comes an influx of different offerings some good and some bad. By John Lombela, MD of Cryptovecs Capital A positive move is the growth of digital banks. And contrary to traditional...
Standard Bank launches online life insurance offering
Standard Bank Insurance, through its Direct Life Insurance Services division, is now offering consumers the option of purchasing life insurance online. Consumers can now purchase Life Cover, Salary Protection, Disability Cover, and Serious Illness Cover by answering a...
Nissan SA adopts WesBank’s online digital finance application
New digital application technology developed by WesBank has been adopted by Nissan South Africa and Nissan Finance to assist customers when applying for finance online. The technology, launched by WesBank in October last year, is currently integrated into the bank's...
Capitec goes paperless
Capitec has introduced an eSignature capability, by means of a biometric fingerprint. Biometric readers allow for sanitisation after each client's use, while paper documents cannot be easily disinfected between parties. Wim de Bruyn, executive: business development...