IoT data the conversion to insurtech
Gartner predicts that there will be about 500 smart, connected devices in the average home by 2022. This prediction opens opportunities for a host of digital businesses to capitalise on the Internet of Things (IoT) trend. However, few stand to benefit more than...
Africa’s changing digital insurance market
Even though digital is still to reach widespread adoption in Africa, it presents insurers with exciting new opportunities for business growth. Annalie Terblanche, client solutions manager at SilverBridge, takes a closer look. While there is the temptation to believe...
Cyber security insurance the missing link
In the age where knowledge and information is currency, where organisations will soon be subject to regulations such as the Protection of Private Information Act in South Africa, General Data Protection Regulation in Europe. Where organisations are collecting huge...
Java Capital is 4AX approved issuer agent
Java Capital Holdings has been approved as an issuer agent/sponsor to 4 Africa Exchange Proprietary Limited (4AX). 4AX CEO Fay Mukaddam comments: "We are elated to have Java Capital onboard as an issuer agent on 4AX. As an independent corporate finance boutique, the...
SA fintech makes FICA simple
The South African-based fintech startup that offers cheap cross-border money transfer rates into key African countries, and now into India, has introduced an easy online registration process using its app -- taking a photo and a selfie. Mama Money believes that this...
Cloud to expand African insurance
With many insurers looking at business expansion into Africa, the opportunity exists to embrace cloud-based solutions more fully to deliver solutions for these new markets. Patrick Ashton, managing executive of Cirrus, a subsidiary of the SilverBridge Group, examines...
Mastercard brings payments to another 15 000 SMEs
Mastercard has announced a collaboration with South African fintech company Yoco to roll out 15,000 mobile Point of Sale (mPOS) devices to small and medium-sized businesses by the end of the year, while educating them on the benefits of going cashless. To start...
Digital solutions key in business-to-business credit
Business-to-business transactions are becoming increasingly competitive and digitalisation is placing greater pressure on businesses to grant credit effectively and quickly to remain ahead of the competition, writes Keith Wardell, commercial strategy drector of...
EasyEquities, Satrix win at African FinTech Awards
EasyEquities and Satrix hae once again received the overall award for Best African FinTech Company 2017 at the Finance Indaba Africa in Johannesburg last week. The award was shared with ThisIsMe, an identity verification and due diligence platform. The African FinTech...
Improving BI in insurance
Despite advances in business intelligence (BI), insurers are finding it difficult to reconcile numerous data repositories and gain a unified view of the customer. Kelly Preston, data analytics manager at SilverBridge, discusses how the BI approach can be improved on...
Marketplace model gives insurers opportunities
With consumers expecting their service providers to deliver more tailored products providing better experiences at more cost-effective rates, insurers are under pressure to adapt their business models to ones better suited to this new environment. Given its mainstream...
KYC trial using blockchain gets underway
SBI Holdings and NEC have jointly embarked on what they believe to be the industry's first demonstration trial of Know Your Customer (KYC) operations infrastructure equipped with blockchain technology. The trial is in co-operation with 14 financial institutions and...