SimbaPay expands free deposits in Kenya
SimbaPay, a leading digital money transfer provider, has expanded its free instant deposit service to Choice Microfinance Bank in Kenya. Choice Microfinance Bank is a microfinance institution founded by Kenyans abroad. Money transfers made to Choice Microfinance Bank...
PayGate CashPay service embraces the unbanked
Although e-commerce is growing fast in South Africa and across the continent, the majority of the population in African markets is still excluded from buying online. This is no fault of online retailers or service providers - it is simply because many South Africans...
Standard Bank updates mobile app
With Standard Bank’s latest updates to its app for Android and Apple smartphones, customers can now change their monthly payment limits, view their vehicle finance accounts, activate their cards for international travel, trade shares on stock exchanges around the...
Cyber security conference to address risks
“Threat actors” in the cyber and mobile security arena have been posing more and more of a threat to the South African digital banking landscape. The focus has moved away from individuals, who were traditionally seen as the weak link, and now falls on banks and...
PayU enables call centre payment via phone
Leading electronic payment solution provider in South Africa, PayU, is pleased to announce the signing of a two-way partnership with Callpay, the provider of secure payment technology for call centres. As Callpay continues to expand its presence, the agreement will provide existing and new PayU merchants with a secure way to accept payments over the telephone throughout South Africa.
Banking on biometrics
If your brain occasionally goes blank when the ATM machine requests your PIN code, or worse, someone else has withdrawn cash from your account, help is just a fingertip away. Nick Perkins, divisional director of Identity Management at Bytes Systems Integration (Bytes...
Nedbank’s home loans channel wins award
Nedbank’s award winning Home Loans online application channel has once again been lauded for its innovative bond application solution by The Banker Magazine, scooping the Technology Project of the Year award. This accolade comes hot on the heels of the recent Asian Banker Awards held in Dubai which saw the channel awarded the Best Mortgage and Home Loans Product in Africa for 2015.
Absa rolls out Shop in Your Currency
Absa has partnered with Planet Payment, a leading provider of international and multi-currency payment (MCP) processing services, and CyberSource, a global payment gateway and merchant provider, to implement Shop in Your Currency, Planet Payment’s multi-currency pricing solution, in South Africa.
MasterCard busts 10 payment myths
Sometimes, a convenient payment solution to make your life easier might seem too good to be true, but with the rise of technology it really is possible. For example, electronic payment developments such as contactless cards and digital wallets seem to be suspiciously...
An Agile approach in the banking sector
Adopting an agile approach to software development can greatly assist banks to transition to new products and services in a digital era, enabling them to remain competitive and relevant in an increasingly challenging landscape, says Shailendra Singh, head Emerging...
Nedbank Home Loans continues to innovate
Nedbank Home Loans has launched the Instant Bond Indicator, a new online tool that provides clients with an indication of the home loan amount they could qualify for in less than three minutes. Clients can use this tool anytime, anywhere, at their convenience.
Reputable cloud providers key for banks
Cloud-based services have become increasingly popular among small and large businesses alike. This change in technology and regulation means that financial institutions are under pressure to source solutions that are flexible in meeting security risks. Banks need to...