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...
FNB launches a virtual card
FNB is expanding its digital payments ecosystem by launching a virtual card for individual and business customers. The virtual card is available to individual customers across debit, fusion and credit cards and for business customers on debit cards. The virtual card...
How buying and insuring your car will change after Covid-19
There's nothing like the smell of a new car and the thrill of driving your wheels off the showroom floor. But to get to that moment, you usually have to spend weeks listening to sales pitches from car dealers and going for several test drives. By Ernest North,...
The need to modernise insurance systems
Shifting customer expectations and the need to replace aging systems are contributing to insurers' decision to modernise their environments and become more adaptable to the digital needs of the market today. Lee Kuyper, COO at SilverBridge, examines the process this...
How an African start-up grew into a global fintech powerhouse
While many view Mukuru as a technology company, its business is centered around helping people at a very personal level. By Sandy Rheeder, CIO of Mukuru From humble beginnings in a London flat in 2005, to African fintech giant in 2020, Mukuru's journey has been one of...
Click to Pay with Visa launches in SA
Visa has announced the expansion of Click to Pay in South Africa, helping consumers make secure, swift online purchases across various merchants and platforms. On retail websites or mobile apps displaying the click to pay icon, consumers that have enabled their card...
Are cryptocurrencies the 21st century’s biggest fraud?
As of 5 May 2020, Tether was the world's most purchased cryptocurrency, with $56.16 billion in 24 hour trade volume. However, Tether did not appear in the list of top five cyptocurrencies by daily transactions in the same period, nor in the first quarter of the year....
Lombard Insurance improves cash flow reporting
Decision Inc has assisted South African insurer, Lombard Insurance, to overhaul a manual cash flow process with an automated one based on Workday Adaptive Planning, providing Lombard Insurance with an accurate and immediate overview of the financial status of their...
Fasta, Mastercard launch virtual credit card
Fasta, a digital lending fintech, has partnered with Mastercard to launch FastaCard, a virtual Mastercard credit card. The FastaCard gives South Africans access to instant credit loaded on to a secure digital card that can be used online and in-store. An authorised...
Standard Bank launches paper on Africa’s platform economy
Many African organisations are well placed to drive the next wave of innovation in the global platform economy, according to the findings of a report by platform economy expert Sangeet Paul Choudary and Standard Bank's Corporate and Investment Banking (CIB) digital...
Fintech, financial institutions find new ways to dance
Tom and Jerry. David and Goliath. Fintechs and financial institutions. I've watched this 'plucky underdog takes on industry giant' movie several times, writes David Reynders, chief technology officer at Merchant Capital. In 2020, it's profoundly different, though. 10...
Nedbank debuts tap on phone
Nedbank has unveiled its new tap-on-phone functionality that allows all merchants and business owners to convert their mobile phones into payment acceptance devices. Tap on phone makes it easier for small- and medium-sized businesses to use their compatible...