Banking on biometrics
If your brain occasionally goes blank when the ATM machine requests your PIN code, or worse, someone else has withdrawn cash from your account, help is just a fingertip away. Nick Perkins, divisional director of Identity Management at Bytes Systems Integration (Bytes...
Nedbank’s home loans channel wins award
Nedbank’s award winning Home Loans online application channel has once again been lauded for its innovative bond application solution by The Banker Magazine, scooping the Technology Project of the Year award. This accolade comes hot on the heels of the recent Asian Banker Awards held in Dubai which saw the channel awarded the Best Mortgage and Home Loans Product in Africa for 2015.
Absa rolls out Shop in Your Currency
Absa has partnered with Planet Payment, a leading provider of international and multi-currency payment (MCP) processing services, and CyberSource, a global payment gateway and merchant provider, to implement Shop in Your Currency, Planet Payment’s multi-currency pricing solution, in South Africa.
MasterCard busts 10 payment myths
Sometimes, a convenient payment solution to make your life easier might seem too good to be true, but with the rise of technology it really is possible. For example, electronic payment developments such as contactless cards and digital wallets seem to be suspiciously...
An Agile approach in the banking sector
Adopting an agile approach to software development can greatly assist banks to transition to new products and services in a digital era, enabling them to remain competitive and relevant in an increasingly challenging landscape, says Shailendra Singh, head Emerging...
Nedbank Home Loans continues to innovate
Nedbank Home Loans has launched the Instant Bond Indicator, a new online tool that provides clients with an indication of the home loan amount they could qualify for in less than three minutes. Clients can use this tool anytime, anywhere, at their convenience.
Reputable cloud providers key for banks
Cloud-based services have become increasingly popular among small and large businesses alike. This change in technology and regulation means that financial institutions are under pressure to source solutions that are flexible in meeting security risks. Banks need to...
Electronic banking channels optimise savings
So you are rigorous with your budgeting and you already have a sensible savings plan? With July being National Savings Month in South Africa, it might be the right time to consider taking the next step in your savings journey. It’s time to ensure that you are moving...
10 tips to ensure EFM success
The decision to outsource Enterprise Facilities Management (EFM) must be deliberate and business-focused. There’s a lot riding on it, whether it’s for the first, second, third, or even eighth time around. You may need to demonstrate increases in efficiency, cost...
The end of banking as we know it
Following compelling evidence presented in a recent Bank of England Report, it is highly likely that by the year 2020, businesses will be transacting via alternative currencies that operate outside the current banking system, says Scott Cundill, Internet entrepreneur,...
Service delivery in the Internet age
In an age in which technology has changed consumers' perceptions and consumption habits, the financial services industry has had to innovate rapidly in response to this new mindset. Quintis Venter, senior software engineer at ThoughtWorks, argues that the...
GetBucks leverages technology
With the rapid evolution of technology, many consumers often find it difficult to keep on top of the latest platforms available to them. From online banking and shopping to live sports updates, the apps and platforms aimed at enhancing cost and convenience are...