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...
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...