Old Mutual collaborates with AWS on digital solutions
Old Mutual is working with Amazon Web Services (AWS) to bring a series of services to the markets in which the company operates. Vuyo Mpako, chief digital and data officer at Old Mutual, says working with AWS allows the financial services giant to bring innovation and...
Robo-advisory in insurance
Robo-advisors have come a long way since their launch more than a decade ago. Providing financial advice or online investment management with minimum human intervention, people have become more open to them in today's digital environment. Stuart Blyth, director at...
Curo gets competitive edge with Infovest IDM
South African investment administration services provider Curo has implemented Infovest’s Investment Data Management solution to automate reporting and alerting, support data governance and enhance customer service. With Infovest Investment Data Management (IDM) and...
Security key to Africa’s mobile fintech revolution
Africa has led the way in developing mobile fintech solutions for its largely unbanked populations - but the key to further progress in driving financial inclusivity is security. By David Noel-Lardin, vice-president: digital payment at Gemalto CISMEA Fifteen years...
The future of FICA and digitised customer onboarding
Digitisation is transforming business and impacting consumers through every stage of their daily lives. While rapidly becoming a way of life, onboarding consumers digitally is still in its infancy, but is becoming a major focus for every financial institution across...
Ecobank names Fintech Challenge finalists
Independent pan-African banking group Ecobank has announced the finalists for the second edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups. The list includes 11 fintech start-ups from across the continent and...
PCI DSS update: SSL gets the boot
The latest update to the Payment Card Industry Data Security Standard (PCI DSS) is a small but important one. PCI DSS 3.2.1 does away with Secure Sockets Layer (SSL) and early-Transport Layer Security (TLS), the common cryptographic protocols consumers use to connect...
MyBucks debuts insurance tech platform
Frankfurt-listed fintech MyBucks has launched an insurance technology (insuretech) product in South Africa called SureCloud, the first step in rolling out end-to-end insurance tech in the rest of Africa. MyBucks has introduced two products - legal assistance and...
Online tech aids diligence in auditing process
With auditing firms under the spotlight recently there has never been a more pressing need for auditing vigilance to restore the faith in the profession. While auditors have multiple roles, their function of providing assurance or perspective regarding the integrity...
Ireland a hotbed of fintech innovation, say SA buyers
Ireland has compelling and innovative fintech solutions to offer Africa, says a delegation of South African financial industry professionals who recently visited Dublin. The South Africans, who travelled to Ireland as part of an Enterprise Ireland inward buyers'...
Why insurers should embrace the cloud
Even though global insurers are embarking on digital migration projects to cloud environments, it is not happening quickly enough with independent brokerages sitting at an average adoption rate of 44%. Patrick Ashton, managing executive at the SilverBridge Group,...
Cryptocurrencies: new form of colonialism or upliftment opportunity?
It is quite clear that we are developing into a society that is completely driven by information and reliant on technology. As we evolve along this path, those that succeed will be those who are able to equip themselves to handle this future by grasping the fact that...