Securing the future of payments
The only way to combat the increasing cost of cyberattacks, and the reputational threat that comes with them, is to have solid, internationally accredited, security measures in place as well as going above and beyond these requirements, writes Bernard van Der Merwe,...
Import/export startups can outsource international payments
Every year thousands of South Africans take the plunge and start new businesses. Whether they do so out of necessity or a desire to be their own boss, taking the plunge into entrepreneurship is a brave decision. By Harry Scherzer, CEO of FutureForex That's...
Investec takes API banking mainstream
Moving banking services closer to where clients conduct their work and business operations will significantly transform the future of banking says Investec, who is actively expanding its banking integrations and Application Programming Interface (API) capabilities...
Alnet Technologies Partners with AllCloud
Alnet Technologies has partnered with AllCloud to introduce AllCloud's Unified Lending Technology, a loan origination and loan management system. Alnet Technologies specialises in innovative software solutions for the financial services industry and is well-positioned...
Where banks, telcos and insurance unite
In today's rapidly evolving financial services landscape, the once-distinct boundaries separating banks, telecommunications companies (telcos), and insurance providers have become increasingly blurred. By CG Selva Ganesh, vice-president and CEO: South Africa at In2IT...
Trends shaping financial inclusion in insurance
South Africa stands as one of the most unequal societies in the world - underscoring the critical importance of financial inclusion in the nation's progress, writes Vis Govender, co-founder of Everything Insure and CEO of FirstEquity Group. Beyond growth and...
Network International’s on-soil payment platform goes live
Dubai-based Network International's cloud-based integrated digital payment suite, Network One, is now onboarding South African banks, MNOs and fintechs. In addition to the R500-million investment in the on-soil platform, the company has now announced an additional...
Key insights for succeeding in the insurtech world
Insurtech, a blend of innovative technologies that's disrupting traditional insurance processes, is reshaping the insurance industry. The goals of insurtech businesses include offering personalised policies, streamlining claims processes, reducing costs, to name a...
Is it too early for Africa to think about digital treasuries?
There are many challenges for treasuries across the world, in any market, but the developing world has an opportunity for a head start in the switch to digital. This is borne out by the fact that the adoption of best practice treasury management tools, technology and...
Digital tech improves claim management, CX
Getting an insurance claim processed can be an extremely frustrating and time-consuming process for both the broker and the client unless the insurer is clear on its communication with the clients and treats each client as a priority. By Debbie George, head of broker...
Peach Payments offers daily settlements for all merchants
Online payment platform Peach Payments now offers all its South African merchants free daily automated settlements. This means payments processed via Peach Payments will automatically be transferred to online businesses' bank accounts the next business day at no...
The role of banks in creating lasting value for customers
In the ever-changing economic landscape of South Africa, where interest rates have been steadily increasing and inflation levels remain uncertain, the collective sigh of relief when interest rates were not hiked at the end of July was almost audible. Unfortunately,...