Enhanced decisioning with TransUnion’s DecisionEdge
TransUnion has launched DecisionEdge, an automated risk decisioning ecosystem that provides information that supports sound, fact-based decision-making at every step of the credit lifecycle. It improves the customer experience, drives increased profitability,...
WeChat Wallet launches in SA
WeChat has extended its features with the introduction of a digital wallet service. Like a physical wallet, users can securely store bank cards and make instant cash payments within WeChat with the new feature. With WeChat Wallet, people can electronically send cash...
Transparency in the broker channel for effective risk assessment
Insurance brokers are a traditional part of the channel for the sale of short-term and life insurance products to customers. Typically, their financial advisors develop relationships with consumers and assist them with managing their insurance requirements, writes...
Why Blockchain matters
With Blockchain creating waves in the banking industry, business transformation solutions provider, Ovations, looks into who it will affect the most as well as the opportunities it presents for the market as a whole.
Gemalto launches multi-city ticketing solution
Gemalto is launching the next generation of its UpTeq Multi-Tenant NFC SIM, supporting multiple transport applications from different city networks by embedding the MIFARE4Mobile1 v2 application. This is the first globally interoperable solution on the market allowing...
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,...