Digital transforming insurance
Digital transformation initiatives have become an important topic of discussion in boardrooms around the world. For insurers, embracing this shift can be especially beneficial as customers become more selective around product offerings and how technology is used to...
Mastercard, EasyPay take the friction out of payments
South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard. The collaboration marks a significant milestone in...
Financial services the least trusted sector globally
The financial services industry was once again the least trusted sector in the annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 18 years. According to the 2018 report, which has a special section...
RubiBlue’s easiPol reaches 6m policies
easiPol, the insurance administration solution from RubiBlue, has officially recorded 6-million policies as of August 2018. The web-based subscription management platform has played a pivotal role in the effective management and control of policies and subscriptions...
Cloud shift in SA financial service sector
Mounting pressure on financial service institutions has forced a change in strategy as disruptors redefine the competitive landscape. Andrew Cruise, CEO, Routed, a vendor neutral cloud infrastructure provider, says that thanks to the cloud and a growing base of market...
Customers to benefit from disruption in retail banking
Customers will be the main beneficiaries of disruption and increased competition in Retail banking due to a potential improvement in value and customer service. This is according to Raj Makanjee, CEO of FNB Retail, who is reflecting on the increasingly competitive...
Constantia Life and Health chooses SilverBridge
Constantia Life and Health (CLAH) has contracted SilverBridge Holdings to provide them with a solution to assist with the distribution and administration of its new group life product. The Web-based solution accommodates a variety of channels from Online to Broker...
AI is reinventing insurance
The growing maturity of artificial intelligence (AI) and machine learning (ML) is changing the consumer's experience of car insurance for the better by enabling agile new players to come to market with simpler, faster, more transparent and more affordable insurance...
Zimbabweans get a new way to send money
Zimbabweans living in South Africa, both banked and unbanked, can now access free mobile transacting and basic insurance services through the launch of the AMA.ZING Diaspora solution in South Africa. The solution, developed by the Zing Group, enables people living in...
Merchant West offers new finance option
Independent financial services company Merchant West has partnered with Xperien to provide continuous IT lifecycle solutions, a fresh line of alternative funding to reduce the cost of IT assets. The partnership offers a full end-to-end IT Asset Lifecycle solution from...
Financial services: keeping up with tech
There was a time when a "Kodak moment" was synonymous with capturing a moment in time for an eternity. Today, however, the once-great brand "Kodak" is more notoriously known for its failure to accept and embrace the digital revolution. Jean Archary, development...
Financial inclusion to jump-start African economies
African GDP (Gross Domestic Product) growth continues to fall short of the magic 5% annual figure often given as the number needed to make a substantial dent in poverty. In South Africa, again officially the continent's biggest economy, growth went negative in the...