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...
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...