Alternative payment solutions key for economic inclusion
Despite there being more than 19 million online shoppers in South Africa, the recent Black Friday and Cyber Monday stampedes at retail outlets have once again shown the importance of providing people with alternative digital payment options. By Thomas Pays, CEO of...
Microsoft data centres to impact local insurance market
In May last year, Microsoft announced plans to launch two data centres in South Africa. Located in Johannesburg and Cape Town, these see the company targeting cloud services growth on the continent. These data centres will deliver the Microsoft Cloud, including...
Automated bookkeeping service free for Absa customers
Absa has launched a platform that automates manual bookkeeping as a free, value-added service for all its customers. The solution is a result of a partnership between Absa and technology company, Sage. The solution automates most of the accounting functions that are...
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...