Will IoT impact also on banks?
Discussions around the Internet of Things (IoT) are widespread in the technology industry right now, with many analysts suggesting that we are entering the second digital revolution, writes Christelle Toureille, vice-president: marketing for Middle East and Africa at...
What Android Pay UK means for the market
Jack Kent, director of IHS Technology, offers his analysis of Google's launch of Android Pay UK. Based on our data on Android OS version and NFC support (which we understand is a requirement) we estimate that there should be around 25-million to 30-million Android Pay...
BankservAfrica rolls out INTIX Data Management
BankservAfrica, headquartered in Johannesburg and operator of Africa's largest interoperable payments switch, will implement the INTIX Data Management technology to financial institutions' customers located in South Africa and other African countries. The INTIX...
Emirates lets shoppers use Visa Checkout
Emirates Airline, the world's largest international airline, will now offer Visa Checkout, the online checkout service by Visa, allowing shoppers to pay with their cards online and on any device. Visa Checkout is now available to Emirates Airline customers in 15...
AlphaCode partners to boost African fintech
Envestnet Yodlee, a data aggregation and data analytics platform powering cloud-based innovation for digital financial services, has announced a strategic partnership with AlphaCode, a collaborative club for next-generation financial services entrepreneurs in South...
SMEs can get payment processing solution
A partnership between home-grown fintech-preneurs and one of South Africa's largest discount retailers is set to help small businesses by allowing them to transform their phone into a secure mobile point of sale (mPOS) terminal. They will be able to process debit and...
Hello Group selected as Start-up Challenge semi-finalist
Hello Paisa, an offering from leading service provider Hello Group has been announced as a semi-finalist in the 2016 African Start-up Challenge hosted by Innotribe. Hello Paisa is a mobile phone based international money transfer service that allows migrants in South...
Mobile payments have revolutionised business
There are approximately 447,9-million mobile payment users worldwide, a remarkable evolution from coins being introduced in 700 BC, notes in the 10th century and the introduction of Western Union's "credit card" in the 20th century, writes Charles Pittaway, MD of Sage...
Compare up to 26 financial products
South Africans can now instantly compare 26 financial products from 106 financial institutions to be able to save money and to choose the products which best suits their needs. These range from loans (including personal and student loans), cheque accounts and debit...
Brace yourselves for business banking charges
South Africa's banking sector is experiencing just as many difficulties as every other business because of the deteriorating economic outlook, says Andries Kok, CFO of PayAccSys. And, just like every other business, banks are seeking ways of increasing their income....
Customer insights for financial services
Accenture and Avanade have announced a solution dedicated to helping financial services firms transform their customer experience through greater personalisation in a digital world. Developed in collaboration with Microsoft and built on top of Microsoft Dynamics CRM...
Mobile technology can set the world alight
The World Bank's Global Findex financial inclusion study shows that 12% of adults in sub-Saharan Africa have mobile money accounts - compared to just 2% worldwide - and of these 64 million adults, 45% of them have only a mobile money account, writes Mariana Kruger,...