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...
SWIFT extends Sanctions Screening
SWIFT announces the extension of its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network. Users can now screen all transaction formats, including SEPA (Single European Payment Area) and Fedwire,...
TransUnion launches Claims Enabler
TransUnion has launched Claims Enabler, a one-stop solution for the insurance industry that empowers faster, more efficient claims processing. Claims Enabler integrates multiple data sets across the TransUnion portfolio, aggregating all of the information insurance providers need to make faster, more accurate decisions.
MobileData introduces TradeSwitch
Global South African-based payment facilitation and token distribution technology solutions provider MobileData introduces TradeSwitch to the continent, a service delivery platform that enables smart service delivery, mobile device management and business process...