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...
Mobile-only engagement disrupts insurance
When it comes to the insurance sector, it is mobile-only as insurance brands grapple with disruption from lighter, more agile technology rich cloud insurance products, says Ryan Barlow, chief technology officer of e4. "It is no longer just mobile-first, thanks to the...
PayU buys Israeli payment provider ZOOZ
PayU has announced the acquisition of leading payments technology platform ZOOZ. The deal supports PayU's ongoing expansion into high growth markets and targets the $994 billion opportunity in cross border payments. The ZOOZ acquisition is for an undisclosed amount...
Predictive analytics vital for personalised insurance
Having access to sophisticated predictive analytics has become a business priority for insurers. Being able to factor in historical and real-time data to analyse patterns, determine risk, and identify trends is now fundamental to insurance success. Kelly Preston, data...
The evolution of the claims handling process
Technology has come a long way in terms of the efficiency in handling healthcare claims since the early 1990s. Through the development of specific coding systems and ever more advanced rules engines and algorithms, artificial intelligence and human clinical expertise...
Global businesses turn to Oracle Blockchain
Businesses around the world have been deploying an early adopter version of Oracle Blockchain Cloud Service, which becomes generally available this week. The service allows organisations to easily build blockchain networks to drive more secure and efficient...