Time, education affects buying behaviour
With the advent of the digital age, new channels of communication have emerged, consumers now have 24/7 access to information. This has resulted in the consumer media sphere being bombarded with information. The challenge this creates is that it makes consumers time...
Lowering underwriting risk, protecting the consumer
Auto insurers face a number of challenges in South Africa and perhaps chief among them is the fact that approximately 3,5-million of the 11-million vehicles on the road are insured. The stakes are clearly high for all concerned. Greater access to data can improve the...
Biometric security for mobile banking on the horizon
Biometrics have a bright future in mobile banking, just not today says Dr Nick van der Merwe, director of technology and business development at Muvoni Biometric & Smartcard Solutions (MBSS). There has been a rising trend in fingerprint biometric technology in the...
Nedbank deploys Gemalto solution
Gemalto announces that Nedbank, a leading commercial bank in South Africa, is deploying its Ezio eBanking solution to provide their wholesale customers with unmatched online transaction security and superior convenience. Gemalto also provides Nedbank with consulting...
Unity Bank uses SkyVision VPN solution
SkyVision Global Networks, a leading global communications provider, today announced its recent partnership with Unity Bank, one of Nigeria’s leading retail financial institutions. SkyVision provided its satellite-based Virtual Private Network (VPN) services via its...
How insurers should choose new technology
The process of choosing new technology has traditionally involved selection centred on a functional and technical scoring exercise. However to select the best technology partner, insurers should look beyond core features and functions and aspire to innovations like...
Banks can improve online experience
Banks are today at the mercy of their IT systems. As IT progresses and becomes more consumerised, customers are demanding smarter, faster and better ways in which to do their banking no matter the device. But how do they monitor the success of what they have and...
Bytes, Volanté harmonise payments
The long-standing partnership between Bytes and Volante is now helping South African banks to convert their back office systems to comply with a new standard for cross-border payments clearing. The standard, called SADC Payments, will take full effect in the Southern...
Gemalto protects banks from cyber-threats
Gemalto has launched Ezio Armored Application, an entirely software-based solution that enables banks to quickly deploy secure e-banking applications on any PC. Ezio Armored Application secures e-banking end users against the latest generation of fraudulent and...
Elliott to grow electronic payments adoption
MasterCard, a technology company in the global payments industry, has appointed Mark Elliott as division president for South Africa. Based in Johannesburg, Elliott will oversee the performance, strategic direction and brand development of MasterCard in South Africa....
SWIFT’s Sanctions Screening service grows
SWIFT announces that its Sanctions Screening service has surpassed the 230-customer milestone just two years after its introduction as the first solution in SWIFT’s financial crime compliance services portfolio. Sanctions Screening is a shared service that screens...
Banks can learn from cybercriminals
Cybercrime costs the South African economy R5,8-billion a year and 19% of online banking users have fallen victim to online fraud, up from 10% a year ago, says William Lawrence, regional practice lead: Fraud and Financial Crimes at SAS. Understanding how...