New Absa tool helps users reverse debit orders
With 76% of the world's population connected to each other and information through mobile and other digital devices, it's no surprise that consumers want access to information at any time and on their own terms, and this includes managing their financial information....
Gemalto protects against card-not-present fraud
Gemalto has launched Dynamic Code Verification, a comprehensive payment security solution that protects against card-not-present (CNP) fraud on-line and ensures an easy user-experience cardholders have come to expect. This complete dynamic CVV/CVC solution includes an...
AddaBIT adds social media platforms
ADDaBIT, the recently-launched online crowd-sourcing savings platform continues to grow with more and more people seeing the benefit of contributing to a fund for family and friends. Now ADDaBIT has introduced a new feature that allows contributors to share a fund...
FNB expands Automated Deposit Terminal footprint
The positive uptake in the use of Automated Deposit Terminals (ADTs) shows increased customer confidence in channelling their banking to electronic platforms. FNB was the first bank in South Africa to introduce ADTs, devices with electronic depositing capabilities,...
Latest intelligent design technology enhances fleet insurance
Guardrisk, South Africa's leading specialist cell captive insurance group, offers a new technology that will ensure the best cover and peace of mind, when it comes to insuring company cars and fleet insurance. Guardrisk, in conjunction with Genasys Technologies, has...
Optimise efficiency through the customer credit lifecycle
Customers are the heart of any business, and acquiring and retaining them forms an essential function for profitability and sustainability, writes Davina Myburgh, senior manager: product development and product management: core solutions at TransUnion. Businesses...
FNB expands pay TV footprint with Multichoice
FNB has enhanced the functionality of Cellphone Banking with satellite TV payment, top-up and advance payment facilities by including Multichoice to their pay TV offering. FNB customers can now view their outstanding amount on their account and make full or partial...
Nedbank chooses Bytes and Volante’s VolPay
Bytes Universal Systems together with its global partner, Volante Technologies, a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, have been selected by Nedbank to facilitate the...
Alternative due diligence platform debuts
South African investment company Knife Capital today announced the launch of YueDiligence, an alternative due diligence platform to bridge the information gap between entrepreneurs and investors. The new web-based tool automates and structures the initial due...
Is cash still king, or yesterday’s hero?
Depending on who you speak to, cash is either still king or simply yesterday’s hero, writes Vinolan David, head of card issuing at Standard Bank. But what everyone agrees on is that the payment ecosystem of today is drastically different to what it was 20 years ago...
The role of analytics in retail banking
Consumers today expect financial institutions to provide the products and services they need, when and how they want them. The personal connection — or relationship — between consumers and their financial institution has been largely lost as a significant number of...
Accurate and dense data imperative for insurance
The insurance industry is faced with the challenge of managing risk while providing efficient and cost-effective services. By Robin Wagner, vice-president: consumer and insurance at TransUnion Controlling loss ratios, pricing products correctly to ensure the right...