Embracing automation in insurance
The mere mention of the word automation instils fear in the hearts of most employees. But it does not have to be the case. Automation in the workplace can lead to significant opportunities across the insurance value chain. By Jaco Swanepoel, CEO of SilverBridge...
Financial services looks to mobile-first
Rapid technological innovation and the emergence of more stringent regulations means that banks are having to reinvent themselves as trusted providers of a much broader range of financial services, delivered securely to consumers primarily via mobile technology. The...
A new way of predicting credit risk
TransUnion introduced its new CreditVision credit scoring solution, changing how lenders offer credit to South African consumers while providing consumers with more opportunities. A recent TransUnion study identified 3-million consumers who previously could not gain...
SRIC migrates to new platform
The Swaziland Royal Insurance Corporation (SRIC) has chosen to migrate to SSP's digital insurance platform, SSP Pure Insurance. SRIC wanted a platform with the digital capabilities necessary to maintain its position as the largest insurer in Swaziland. SSP Pure...
Take the hassle out of insurance forms
TransUnion's new Prefill solution can help the insurance application process become faster and easier than ever. Prefill makes the application process easier for the consumer, as well as faster and more efficient for the provider. Using little more than the...
Of banks and cybersecurity
If there's one industry we should be most concerned about when it comes to cyber criminals and security, it's the one that looks after our money. "The financial services industry is under continual threat from cyber crooks, and the methods they use to try and...
Trends shaping the insurance industry
As the insurance industry continues to evolve while facing new challenges, catastrophes, technological disruptions as well as uncertain, volatile and complex economic conditions, insurers and brokers have no choice but to adapt to constant change in order to thrive....
Robo-advisors, chatbots are changing insurance
Artificial intelligence is playing an increasingly active role in the financial services industry, from risk analysis and mitigation to regulatory compliance and client interaction -- machine learning is proving its worth. Globally, insurance providers are getting in...
Cryptocurrency trader Coindirect goes live
Online trader Coindirect.com has announced the initial launch of its ground-breaking platform for local currency trading. The Coindirect.com cryptocurrency marketplace is designed to make trading in digital currencies simple, and is now live in the UK, South Africa,...
Easy, secure digital payment
Gemalto has announced that its Trusted Service Hub (TSH) can now offer a single gateway enabling issuers to connect to the Mastercard and Visa tokenisation services, simplifying the way financial institutions can launch mobile payment services. Banks and other issuers...
The future of consumer banking
Sachin Nagpal, director: sales, FSI for Intel's Influencer Sales Group in the Asia Pacific & Japan region, looks at some banking trends. The landscape of consumer banking continues to change at a rapid pace, keeping financial institutions on their toes. Working...
SA bank adopts Synthesis software platform
One of South Africa's largest banks has adopted an expansion of the software platform provided to them by Synthesis Software Technologies, allowing them to easily monitor and analyse balance of payment (BoP) transactions. The expansion, comprising a system known as...