A cashless economy helps bridge inequality
South Africa could take some lessons in cashless economy, writes Michael Bowren, CEO and co-founder of online financial product comparison portal www.fincheck.co.za. South Africa can learn from the Indian government's moves to bank its unbanked population by limiting...
New skills gap in the audit sphere
As businesses increasingly focus on big data and more complex systems, the pressure is mounting on the auditing industry to produce the necessary skills and rethink its standards, writes Bilal Vallee, IT audit manager at Mazars. The capability of businesses to capture...
Insurers look to digital in fast-changing world
Global insurers are being forced to digitise their operations to cope with dramatic changes in the global market, where selfie deaths are climbing into double and triple digits, ordinary people call for tens of millions of dollars in life assurance, and policy holders...
Better insights critical for insurance industry
In a highly competitive market driven by challenging economic conditions, insurance companies must more effectively analyse data. This, says Kelly Preston, data analytics manager at SilverBridge, is critical if they are to improve the customer value proposition. "A...
Key lessons for banks pursuing mobile innovation
Online security is paramount, but ease of use cannot be compromised, says Entersekt CEO Schalk Nolte. At the start of a new year fraught with uncertainty on many levels, leaders in the local banking and financial spheres are looking to gain any competitive advantage...
Technology disrupting African insurance industry
Disruption, once a word used to describe bad behaviour has now been turned into a revolutionary means of changing the way business is being conducted today with advancement of technology and ability to use innovate new business models, writes Jaqueline Van Eeden,...
TransUnion’s Collections Manager aids credit providers
Debt collection is a challenge for many businesses and a 'squeezed' economy can further impact organisations and their efforts to recover monies owed to them. TransUnion is addressing this challenge with the launch of their Collections Manager solution. In...
The importance of BI in insurance
Companies need to find ways of extracting actionable insights from the vast quantities of data they produce. And while the past few years have seen decision-makers embrace Big Data and predictive analytics to deliver this value, the answer could be more simplistic and...
Life insurance of the future to be more accessible
Life insurance is set to become more personalised, more convenient and more accessible as leading life insurers begin to more aggressively adopt disruptive digital technologies to change the ways they interact with customers and operate their businesses. As a result,...
App takes the complexity out of Foreign Exchange
Standard Bank has made its global wallet, Shyft, available on its Android and Apple app stores, enabling its customers to make personal foreign exchange transactions from their mobile devices. Shyft simplifies the process of making foreign exchange transactions, by...
Blockchain goes beyond financial services
Mary Ann Francis, executive advisor and practice partner for global treasury, payments and blockchain at Wipro, and Gilles Gravier, director and senior advisor for open source and blockchain at Wipro, examine how distributed ledgers could have surprising, and...
Tipping the scale on mobile payments
A new world of consumer choice - powered by on-demand technology - is changing customers' expectations of the payments experience, writes Mark Elliott, division president of Mastercard, South Africa. The app economy is here, and it has changed the way that we live. We...