Gemalto unveils comprehensive hub service
Gemalto has introduced its Allynis Trusted Services Hub, a turnkey business service that enables financial institutions, enterprises, transport operators and more generally all digital service providers to benefit from a single connection in order to securely deploy...
South African banks must restore trust
The recent failure of African Bank, and the subsequent Moody’s downgrading of all South African banks, indicates a serious lack of trust in the compliance culture of our banking system, says Gary Allemann, MD, Master Data Management. Realistically, no other South...
FNB customers withdraw R9,5bn from retailers
FNB has announced that R9,5-billion has been withdrawn from tills across South Africa since the inception of the Cash@Till service for customers in 2012. Sixty-five percent of this amount was withdrawn in the last year alone (since July 2013). “We have seen strong...
TruTeq Wireless, Westpac Bank team up
Pretoria-based GSM mobile technology company, TruTeq Wireless has partnered with Australia's leading bank to roll out a mobile banking platform to seven Pacific island countries. Westpac Pacific Banking launched its first USSD-based mobile banking application in the...
Sanlam enhances reporting with TBIS, IBM
Technique Business Intelligence Software (TBIS), a member of the PBT group of companies and a Premier IBM Business Partner, has implemented IBM Pure Data for Analytics (Netezza) technology at the Glacier division of Sanlam, to provide it with the means to manage and...
SilverBridge releases Exergy NodeWalker
SilverBridge, a financial services application solutions provider, has introduced an integrated workflow component to its world-class life assurance administration platform. Exergy NodeWalker is creating hype in the industry, helping insurance companies achieve better...
FNB and NCR win banking award
First National Bank (FNB) and NCR Corporation (NCR), the global leader in consumer transaction technologies, won the award for Best ATM and Kiosk Project in Africa, at The Asian Banker’s Middle East and Africa Country 2014 Award ceremony. FNB was the only bank in...
Insight for the insurance industry
A tidal wave of data is drowning the enterprise. A terabyte, maybe two a few years ago, has grown to several petabytes for the larger entities, and most cannot cope with the speed and velocity at which this data is coming at them. Moreover, the vast majority of the...
Standard Bank updates banking app
Standard Bank has announced the much anticipated update of its banking app for smartphones. This rollout follows the successful launch of its new generation tablet banking app in March this year. According to Vuyo Mpako, head of Innovation and Channel Design at...
BankservAfrica offers outsourcing solutions
BankservAfrica Integrated Services has introduced its end-to-end outsourcing and business solutions at a private launch in Melrose Arch. The launch saw the introduction of seven offerings that offer complete financial, business, information and communication services,...
Stokvels: a hidden economy?
In a macroeconomic context, the more a nation saves the more it is able to invest, while in a microeconomic sense, individuals deep in debt are not only unable to save, but are constrained in their ability to spend, says Anton de Wet, managing executive: Client...
Digital to revolutionise insurance industy
If, as an industry, we do not transform successfully to being truly digital businesses we will not survive in our current form. This was the overarching message at a recent SSP networking breakfast focussing on the digital evolution and how it is impacting the way...