The face of insurance risk in an IoT-enabled world
We live in an increasingly connected world, and if the Internet of Things (IoT) has its way, technology is poised to change life as we know it - by interconnecting everything around us and integrating technological insight into physical everyday items. This means...
SA fintech enables instant online debits
Fintech startup DirectDebit has launched E-Mandate, a valid electronic agreement that allows customers to sign and authorise debit orders and recurring payment transactions online from any web-enabled device. Jaco van Wyk, co-founder of Direct Debit, says: "E-Mandate...
Insurers can benefit from the blockchain
The spotlight has fallen on the likes of bitcoin and blockchain in recent weeks. But how can insurers benefit from cryptocurrency and the platform that carries it? Jonathan Jardim, senior developer for Rubix Digital Solutions, subsidiary of SilverBridge Holdings,...
Financial firms need security that keeps pace with disruption
Financial institutions are typically large, complex entities. They have one key requirement when it comes to security - the solutions they select have to last the distance. This means they need to be able to evolve rapidly, integrate easily with other systems, and be...
YouTap, MatchMove partner on wallets
Youtap, a global provider of contactless mobile money payments and financial services software, has announced a partnership with MatchMove that will provide Youtap's customers in Africa and Asia with an off-the-shelf open-loop payment acceptance solution for...
Fintech and banks: competition or collaboration?
Ever since the beginnings of fintech and the boom that followed the 2008 financial crisis, newly-founded financial technology companies and initiatives have posed competition to the more traditional financial institutions. This is according to White Label Crowdfunding...
New insurance accounting standard adds comparability
The new insurance contracts accounting standard recently published by the International Accounting Standards Board (IASB) brings greater comparability for investors and analysts, according to KPMG International. The organisation welcomes the publication of the new,...
SaaS assists in differentiating insurers
The increasingly competitive insurance market is driving organisations to innovate faster than ever. Software-as-a-service (SaaS) becomes a vital element of this if implemented correctly, according to Stuart Blyth, director at SilverBridge. "Testing new products in...
SA’s credit card fraud regulations among the best
Credit card fraud is still rife in South Africa, but merchants and customers using credit cards still have some comfort in the knowledge that their transactions are protected by the Payment Card Industry Data Security Standard (PCI DSS). The key tenets of PCI DSS is...
FNB promotes access to banking in rural SA
FNB has introduced a non-cash dispensing ATM with deposit capability. These ATMs are a smaller version of the standard ATM which FNB introduced in 2013 as a way of bringing banking services directly into communities. The roll-out out of the new generation of ATMs...
Entersekt wins second Banker Africa 2017 award
South African fintech company, Entersekt has won the Judges' Choice: Best Technology Provider at the fourth Banker Africa East Africa Awards held recently at a gala dinner in Nairobi. A total of 30 institutions across seven countries - Kenya, Ethiopia, Mauritius,...
Context brokering and its impact on insurance
With data playing such an influential role in all aspects of business, insurers are looking at finding increasingly innovative ways to gain valuable insights. JC Oberholzer, chief system architect for Rubix Digital Solutions, subsidiary of SilverBridge Holdings, looks...