FNB expands cardless features
FNB has announced that the cardless cash withdrawal feature is available on the latest version of the FNB Banking App. The feature allows customers to withdraw money at an ATM without using their bank cards. This launch to the 1,2-million active devices that currently...
PayGate offers easy online billing
PayBill, the enhanced electronic invoicing solution from PayGate, allows even the smallest of companies to take payments online -- without needing e-commerce capability on their Web sites. “Every small business owner knows that getting paid promptly is the key to...
EBank leverages TruTeq solutions
TruTeq Wireless has recently won a contract with EBank, the first branchless bank in Namibia, to develop the EBank USSD menu. EBank’s customers use this mobile phone based menu to access their bank accounts by dialling *140*140#. The project was delivered using...
Intervate, Santam build Extranet portal
Santam is one of South Africa’s largest and most historic insurance companies. Majority-owned by the Sanlam Group, Santam’s base of customers represents a 22% market share in the local short-term insurance market. Having first opened its doors 96 years ago, Santam...
Quality data key to decreasing fraud
Businesses and consumers alike typically consider insurance to be a grudge purchase – something they need to have, but which does not add value, says Ian Logan, senior director: Insurance and Partners at TransUnion. Although it is essential in protecting them from a...
Gemalto, Tapit launch Tapit and Buy
Gemalto is working with Tapit, a platform used by global brands to transform their physical assets into interactive objects, to launch “Tapit and Buy”. This is an innovative solution whereby the consumer taps their smartphone against a Tapit-enabled physical support,...
How big data helps insurance organisations
Insurance is typically a grudge purchase, and as a result insurance organisations experience high volumes of customer churn, says Gary Allemann, MD, Master Data Management. Customers are looking for the best price and the best service, and are more than willing to...
Enterprise tech key to banks’ survival
The next era of banking will involve heightened complexity, uncertainty and competition, as banks face threats from new players – including companies in areas like software, social media and telecoms. To combat these challenges and remain relevant, and to make the...
Banking the unbanked is not the only way
By accepting "unbanked" as a defining measure for financial inclusion, financial services institutions could find offering products to lower income groups due to the lack of physical banking infrastructure challenging. Hollard, which has a footprint in highly unbanked...
The drivers of a cashless society
Using technology to eliminate, or at least reduce, the need for cash is as much about empowerment as it is about convenience. In banking terms, the development of a cashless society is something of a chicken and egg situation. Is society demanding cashlessness – or...
Net1 launches Zazoo in the UK
Zazoo is well-positioned to become an exciting global technology company at the forefront of payment solutions, with a range of innovative products. Net 1 UEPS Technologies has announced that it has established a new subsidiary in the United Kingdom called Zazoo to...
Be financially savvy in 2015
Of all the numbers you aim to improve on this year, from the number on the scale to your bank balance, your credit score is one that should be prioritised, especially if you are aiming to take out a loan of any sort in the months ahead. What is cause for concern is...