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,...
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...