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...
There’s no bail-out for this banking industry problem
The finance sector is in agreement: there's a major global threat to the success of the banking and finance industry, one that ignores boom and bust cycles, doesn't care about stock market fluctuations and wouldn't bat an eyelid if interest rates suddenly jumped ten...
The challenges of branch transformation
As more banking transactions are moving to digital channels, banks and credit unions need to re-evaluate their distribution models and investment priorities. There is no single right answer, but status quo is not an option. Jenni Palocsik, director: solutions...
Oman Air selects Vivaldi for card payments
Financial and business intelligence solutions provider Accelya has announced that Oman Air has selected its Vivaldi card payments solutions to streamline its card management process. From Accelya's Vivaldi suite, Oman Air will use Vivaldi CardClear, Vivaldi...