22seven adds cryptocurrency tracking
Users of money management app 22seven are now able to link and track more than 1 800 cryptocurrencies in rands, via the app, a first for South Africa. In line with its aim of showing all their money in one place, 22seven now enables users to link their cryptocurrency...
Will privately-owned cars go the way of DVDs and CDs?
Over the past decade or so, the technology industry has transformed many things we used to buy as physical products into digital services we subscribe to or access on a pay-per-use basis. Think about how we have moved from buying CDs towards paying a monthly...
It’s time to boost productivity
Discipline is fundamental to success and the collective discipline of employees towards a common cause is what makes a successful company. Are you aware of the effects that a lack of discipline can have on productivity in your business? Kevin Howell, founder of Ouch!,...
Opening insurance access
Traditionally, insurance operates in a closed environment that does not facilitate or support the exchange of data. Agents must therefore find cumbersome manual workarounds to access important, contextualised customer information when needed. Yunus Scheepers, chief...
Fiskl app aims to empower Africa’s SME sector
UK-based fintech Fiskl has annnounced a partnership with South African based fintech player, Ocean on 76. Looking to significantly strengthen its presence across Africa, Fiskl is launching a mobile app that aims to greatly assist SMEs manage everyday tasks like...
BI to combat insurance policy lapses
For insurers, managing policy lapses or surrenders are part of business. But, despite recent figures reflecting a nine percent decrease in surrenders last year from 2016, it will remain a concern for companies trying to compete amidst ever-tightening budgets. Kelly...
Technology makes financial services more affordable
We live in a world where information is at our fingertips, writes Sebastian Commin, specialist: digital enablement at Alexander Forbes Retail. You can book a ride, order food and plan an entire holiday on your phone. Technology is changing the way we live, with a...
Open banking ecosystem could render card payments obsolete
Those who believe that 'tap and go' credit cards are the pinnacle of banking payment solutions could be in for a big surprise. Chris Michael, a UK-based payments specialist and head of technology at Open Banking Limited UK, says that developments in open banking APIs...
DoshEx launches virtual assets
DoshEx, a Johannesburg-based developer of tokenised ecosystems and exchanges, has formally launched following the listing of two virtual assets by two financial service companies. The digital tokens registered and listed with DoshEx permit the enterprises to transfer...
Digital is changing the ‘payment rituals’ of African consumers
Cash is still king in Africa, but the accessibility and acceptance of new digital payment channels is fast changing the 'payment rituals' of consumers across the continent. Nnamdi Oranye, fintech author and international remittances lead at Standard Bank Group, says...
Finance is undergoing a revolution
Speakers opening the FinTech track on day one of Finance Indaba in Sandton painted a picture of unprecedented transaction and settlement speeds, new opportunities for financial services and enhanced transactional trust and security, thanks to FinTech innovation...
Hyper-availability gives digital banks the edge
With downtime and unavailability significantly impacting on the reputation of a bank, fintechs are in a prime position to embrace hyper-availability and gain the competitive advantage over the incumbents. Kate Mollett, regional manager for Africa South at Veeam,...