Is voice biometrics in banking secure enough?
Apart from going into a branch, calling a bank feels more human for digital-shy consumers. For many, it is the first port of call for making account changes or moving large sums of money. But how safe is voice banking really, and what are the chances of someone using...
Top payment trends for 2024
Consumers will increasingly be demanding choices when it comes to payment options into 2024, with security being high on the agenda and offerings that will be keenly watched as potential growth engines. Rory Bosman, executive for sales and marketing at Ecentric...
Fintech trends for 2024
Financial technology, or fintech, is undergoing rapid and transformative changes. As we look ahead to 2024, several key trends are poised to shape the landscape of the booming industry, according to Nigel Green of deVere Group. "2024 promises to be a dynamic and...
Why SA’s digital banking outperforms other nations
Digital innovation in banking is no longer a choice. It is now a requirement that is essential to business continuity. By Pierre Romagny, partner: financial services at Oliver Wyman in South Africa The encouraging news is that South Africa can teach the world a thing...
Why AI in insurance shouldn’t scare customers
Some call artificial intelligence (AI) the peak of human ingenuity. Although still in its infancy, the successes of AI are mounting. The technology’s ability to automate repetitive processes with intelligence makes it a decidedly disruptive power in many sectors. It...
African businesses can benefit from evolving online payments
Payment solution offerings are advancing at a rate of knots, especially with the integration of technologies like artificial intelligence (AI), biometrics, and voice payments. No longer is it an option for small-scale businesses to offer their wares online without the...
FutureBank, Paymentology forge strategic partnership
FutureBank has announced a partnership with Paymentology to provide banks and fintechs with streamlined integration to modern card issuing and processing technology, enabling instant issuance of virtual cards. Paymentology provides banks, fintechs and telcos with the...
Geospatial data can enhance KYC, customer service in banking
In the rapidly evolving landscape of financial services, the integration of geospatial data is marking a new era of efficiency and precision. By Charl Fouché, chief operations officer at AfriGIS Financial institutions are increasingly employing this data to refine...
How payment technology has created opportunities
It doesn't matter whether a company is a small to medium-sized enterprise or a large corporation, or where it's based, we are all now operating in a global economy. Irrespective of the size of an enterprise, its location or what its product offering is, with the right...
Payment24 unveils cloud switch
Payment24 has launched the Payment24 Cloud Switch, an integrated, versatile, hardware-less payment switch that supports a myriad of payment methods. The product combines cloud technology, various payment methods, robust POS compatibility, and a suite of value-added...
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...