Virgin Money speeds car insurance
Registered financial services provider Virgin Money South Africa has launched its Online Buying platform, giving consumers more options when sourcing and securing car insurance. Now, customers have the option of using a call centre or can also go online to get insured...
Why insurers should embrace mobile
Even though the market has become more competitive in Africa, many insurers still rely on traditional methods to reach customers. While other industries have been pro-active in their adoption of mobile technology due to its convenience and reach, insurance has...
Root launches Insurtech platform
Technology company Root has announced the Root Insurance, a new platform API that enables software developers to rapidly prototype and launch digital insurance products into the South African market. Root's API enables software developers, using only code, to easily...
Insuring the future
Imagine a future where 'simple, flexible and transparent' are words you would use to describe the service you receive from your insurer. What if the quick, friendly exchange that made your day was with a robot that processed your claim with lightning speed using a...
FirstRand eyes digital insurance solutions
FirstRand has been awarded a short-term insurance licence by the Financial Services Board (FSB), three years after acquiring its long-term insurance licence. The licence will enable FNB to become a complete insurer, with the ability to underwrite short and long-term...
Capitalising on African insurance opportunities
Consolidation is taking place in the East African insurance market due to rising capital requirements and mergers with international firms that want to gain a foothold in the region. Ashok Shah, Group CEO of APA Apollo examines the opportunities this brings. In...
How the banking sector is keeping up with data
Big data and advanced analytics are at the center of how financial services institutions are equipping themselves to deliver better value to their customers, while decreasing operating costs and mitigating credit, market, and operational risks. By Dr Mark Nasila, head...
NCR debuts new ATMs
NCR has launch the NCR SelfServ 80 Series, a new family of ATM solutions that will help financial institutions redefine the banking experience and change the way consumers interact with the ATM forever. Through a combination of software, hardware, and services,...
Trends that will disrupt African fintech
As digital transformation continues to shift the way we think, live and do business, fintech remains one of the fastest growing and innovating industries, capturing the imagination of both industry and consumers with topics like cryptocurrencies and blockchain...
2018 payment trends in SA
Technology will continue to drive the ways we make payments--but we must take African economic realities into account. By David Noel Lardin, vice-president digital payment for the CISMEA region at Gemalto. Technology developments will continue to revolutionise payment...
Naomi Snyman chairs SA Financial Blockchain Consortium
Standard Bank's blockchain lead Naomi Snyman has been appointed to the prominent position of chairperson of the South African Financial Blockchain Consortium. Snyman says blockchain has enormous potential to redefine the financial services landscape, but to do this...
Banking in the era of modern marketing
Banks are experiencing a midlife crisis. They desperately want to transform and become digitally enabled but they are being hamstrung by legacy systems, data silos and disjointed marketing and organisational cultures that don't lend themselves to agility - a key...