SA solution recognised by Gartner
Specialist software engineering company MIP Holdings, which focuses on creating and delivering bespoke solutions for financial services organisations, has been featured in Gartner's latest Market Guide for Life Policy Admin Systems, EMEA. The company's locally-built...
Understand the complexities of digital distribution and self-service in insurance
The insurance industry is well-known for its reliance on legacy systems and in-person processes. However, a shift is taking place that is being fuelled by digital distribution and self-service models as insurers look to become more forward-thinking when it comes to...
AI could amplify value for commercial brokers
Over the past two decades, direct sales models and digital distribution have transformed personal insurance lines in South Africa. Yet digitalisation has yet to take hold in commercial insurance, where a substantial portion of policies are still sold through brokers...
Mitigate cash-related risks as load shedding hampers digital payments
South Africa's load shedding crisis is slowing down the migration towards cashless payments, as consumers and businesses turn to cash as the most reliable means of value exchange during power outages. Businesses should thus plan for cash to be a significant part of...
Mobile payments move to anywhere, anyhow, anytime convenience
Now that the dust has settled after the pandemic, one of its most enduring legacies is the wider usage of mobile and contactless payments around the world. By Charles Pittaway, MD of Netcash Global research from Accenture shows that more than half (56%) of consumers...
Open Banking set to empower consumers
Internationally, open Banking has been seen as a financial revolution - bringing about ways for consumers to feel more empowered than ever before - enabling them to be vetted and easily gain access to what they need given their lifestyle needs. Simply stated, Open...
Robust, credible data a powerful tool for anti-money laundering
The problem of organised financial crime and money laundering made headlines after a recent Al Jazeera investigative report uncovered a large-scale money laundering operation in South Africa. The scheme is alleged to have relied on forged paperwork and documentation...
ProfitShare Partners features at Africa Tech Summit London
ProfitShare Partners will be the only South African Fintech participant of just 12 tech ventures from the African continent invited to showcase investment opportunities to investors, corporates and industry experts at the London Stock Exchange this weekend (23 June...
The evolution of mobile payments
Now that the dust has settled after the pandemic, one of its most enduring legacies is the wider usage of mobile and contactless payments around the world. By Charles Pittaway, MD of Netcash Global research from Accenture shows that more than half (56%) of consumers...
Pick n Pay sees uptake of financial services
A decision to expand financial services at all till points is paying off for Pick 'n Pay and its customers. Over the past year Pick 'n Pay has expanded the number of banking and related financial services available through the till at all stores. Deven Moodley,...
Trust essential to the future of digital money
The rapid adoption of new payment technologies such as contactless and ecommerce has changed spending both online and offline. However, it has also led to a rise in fraud and cybercriminal activity, highlighting the need for a comprehensive approach to building and...
Why financial services cybersecurity is important
User experience remains the main differentiator for successful financial services organisations and digital transformation provides the only scalable answer. By Ricardo Ferreira and Michael Brown of Fortinet The digitisation of products, services, and operations is...