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...
Software AG supports Commerzbank digitalisation
Software AG has expanded its long-standing partnership with Commerzbank to center the banks digital transformation on Software AG technology. The two companies have signed an agreement to cement this new aspect of their partnership. In light of the radical changes in...
AlphaCode attracts more than 1 000 fintech members in a year
In its first year of existence, Rand Merchant Investment's (RMI) club for fintech startup entrepreneurs, AlphaCode, has clocked up over a thousand members. It has seen eight member-to-member deals, eight deals facilitated with RMI portfolio companies, invested...
Wipro launches Open Banking API platform
Wipro has announced the launch of its Open Banking API (Application Programming Interface) platform. The Open API platform, will enable banks and financial institutions to launch Open Banking initiatives and create new forms of distribution channels and servicing...
Khonology grooms future fintech leaders
Khonology is changing the lives of many young people in South Africa, it has developed an innovative platform that empowers graduates to enter the highly competitive fintech market and successfully land a job at a company. The Services SETA accredited Khono City...
DocFox reduces FICA on-boarding to seconds
Fintech startup DocFox has partnered with global law firm, Norton Rose Fulbright, to provide a digital solution to help companies simplify the FICA compliance process. "DocFox is a sophisticated yet easy-to-use web application that helps customers submit their FICA...
How design is changing the way we bank
Every day consumers are bombarded by an enormous amount of commercial messaging, advertising, sales prompts and calls to action. The tools through which they receive this information have also become more intricate, adding layers of complexity to how they consume...
Zoona wins at African entrepreneurship awards
Zoona, an African mobile payments business that helps communities thrive, by enabling emerging entrepreneurs to provide much needed financial services in their communities, has accepted an award for Social Entrepreneurship at the Africa Awards for Entrepreneurship...
Cash, PoS, digital collections should be complementary
Norway, Sweden and Denmark are examples of countries moving towards becoming true cashless societies, in which retailers or petrol stations won't be obliged to accept cash payments. Yet cash still accounts for about 85% of global consumer transactions and in Africa,...
IoT could drive new insurance models
For insurers, the Internet of Things(IOT) can provide value in the form of new insurance models and products based on deeper insight into the customer's needs, writes William Mzimba, chief executive South and sub-Saharan Africa at Accenture. The rapid increase in...
FirstBank increases mobile app security
FirstBank has launched its updated iOS mobile banking application with fingerprint biometrics capability and authentication from Entersekt. FirstBank is Colorado's second largest bank and the third largest privately held bank in the nation. FirstBank has integrated...