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...
Fintech FICA specialist makes Accenture finals
Fintech startup, ThisIsMe, has been selected as one of three finalists in the Accenture Innovation Index Awards, for its Fast FICA concept. The company also recently announced that it had been selected to participate in this year's Gartner's Innovation Programme. The...
A fintech entrepreneur’s guide to regulation
Fintech is one of the fastest growing industries in the world with global investment in the sector tripling from $928-million in 2008 to $2,97-billion today. Experts forecast further growth of up to $8-billion by 2018. Local White Label Crowdfunding (WLCF) believes...
The end of one-size-fits-all banking?
With Capitec's latest trading update making a case for what consumers in emerging markets want -- and need -- the time for "one-size-fits-all" banking looks set to be over. As the bank continues attracting up to 150 000 new customers each month, it's redefining the...
Transforming insurance with cloud
The rise of cloud computing has been nothing short of remarkable. What was once considered an interesting, if largely misunderstood, technology option has now become an integral part of the long-term business strategy of most insurers. But how can they benefit from...
Lombard Insurance slashes admin time
Decision Inc has been working with Lombard Insurance to increase productivity and efficiency across various departments within the organisation. A recent Adaptive Insights implementation saw the company deliver complete integration into the company's GL system,...