Retailers, government missing out on new payment trends
Merchants, retailers and the government are missing out on their share of the R14bn local online retail market, partly because they're not cashing in on alternative digital payment technologies, says Adesh Kisten, head of sales at instant EFT payment provider i-Pay....
Digital disruption transforms insurance
South African insurers must embrace digital disruption and the associated technologies to remain competitive and provide customers with a more immersive experience. This is according to Shingie Maramba, business development manager at SilverBridge, who adds: "Even...
New equipment doubles Wilgers Oncology Centre capacity
Wilgers Oncology Centre at the Life Wilgers Hospital in Lynnwood Ridge, Pretoria, is now be able to treat double the number of patients, thanks to the installation of a second specialised Elekta radiation therapy machine. The centre, already well-established and...
New digital banks must balance the three Cs
With the launch of several new banks in South Africa and the disruption caused by digitalisation, the incumbents are re-aligning themselves to better support a digital environment. By Nathen Pillay, sales director for applications at Oracle South Africa Newcomers must...
Technology socialises financial services
The financial services industry has long been seen as extremely traditional in its technology use, but that is not the case, says Richard Firth, CEO of MIP Holdings, who points out the many innovations the sector has brought about over the past decade. "From cellphone...
Alternative payment solutions key for economic inclusion
Despite there being more than 19 million online shoppers in South Africa, the recent Black Friday and Cyber Monday stampedes at retail outlets have once again shown the importance of providing people with alternative digital payment options. By Thomas Pays, CEO of...
Microsoft data centres to impact local insurance market
In May last year, Microsoft announced plans to launch two data centres in South Africa. Located in Johannesburg and Cape Town, these see the company targeting cloud services growth on the continent. These data centres will deliver the Microsoft Cloud, including...
Automated bookkeeping service free for Absa customers
Absa has launched a platform that automates manual bookkeeping as a free, value-added service for all its customers. The solution is a result of a partnership between Absa and technology company, Sage. The solution automates most of the accounting functions that are...
MyBucks and Bibimoney in strategic partnership
Frankfurt-listed fintech MyBucks and UK-based FinTech company Bibimoney Global have announced a joint venture strategically aimed at increasing reach and improving competitiveness in the microloan market through the SIM-skin technology. SIM-skins are hardware...
Sage Bank Feeds service goes live with Absa
Absa Business Banking customers can now automate large portions of their manual transactional bookkeeping work, with direct Bank Feeds into Sage Accounting solutions. Bank Feeds went live in October and lets data flow seamlessly and automatically from Absa Business...
Fintech partnerships will help big banks disrupt
Partnerships between established big banks and fintech innovators will help the established financial sector achieve digital transformation faster, stakeholders heard at a Fintech Thought Leadership forum hosted by Absa, Enterprise Ireland and Business Ireland in...
Wesbank customers get DebiCheck
On Saturday (17 November 2018), WesBank become one of the first vehicle and asset finance house to implement DebiCheck. DebiCheck is a specific type of debit order where consumers accept, electronically and on a once-off basis at the start of their contracts, the...