Banks and telcos are pioneering inclusion
One of the most life-altering and important drives in the developed world is the drive towards financial inclusion. While this drive may be derived from the incentive for banks to increase their customer base, it is to the advantage of the newly banked population, who...
Retail banks need to serve users more efficiently
Retail banking is at a crossroads. Increasing consumer use of new technology and the internet has raised customer expectations, reduced customer loyalty and brought new entrants to the market. This shift combined with the impact of the financial crises presents a...
Customer experience drives the future of payments
Innovative technologies impact almost every aspect of our daily lives, from the way we communicate and manage our health to the way we pay for things. The rise of digital payments and the convergence of these technologies is the most significant development since the...
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...