Online home loan applications enhanced
Nedbank announced significant enhancements to its online home loans channel, South Africa's first fully automated online application process aimed at simplifying and improving the experience of our clients. 'These enhancements mean that our clients can now access the...
Practical tech solutions key to SMME growth
Mercantile Bank has taken its eBureau online portal, which is custom designed for bulk payment and collection processing, and packaged it in a way that business owners can simply plug their own financial systems into the system.The eBureau systems can help simplify...
Accessible banking is key in Africa
Nedbank launches Send-iMali, a cost-effective way to send money to anyone, even if they do not have a bank account. In its continuing commitment to making banking more accessible to all, Nedbank has launched Send-iMali, a cost-effective way to send money. Send-iMali...
MasterCard launches MasterPass in SA
South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass. MasterPass enables consumers to make convenient, simple, fast and secure digital payments....
Accurate databases boost insurance sales
There is no doubt that knowledge is power, and any compilation of information is valuable. Databases are extremely hot commodities, as myriad organisations and industries rely heavily on this information for a variety of purposes. Nowhere is this more true than in the...
Multi-currency facilities on Cash Passport
MasterCard's Multi-currency Cash Passport, a prepaid chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four currencies...
PCI compliance combats credit fraud
The latest statistics from the South African Banking Risk Information Centre (Sabric) revealed that South Africa’s banking industry lost R366,8-million in 2013 due to South African-issued credit card fraud - a 22% increase from the previous year. This alarming rise of...
Biometrics and the unbanked
Biometric technology has the potential to radically transform the banking industry by securing identities while improving user-friendliness. And, says Nick Perkins, divisional director at Bytes Systems Integration’s Identity Management division, biometrics also holds...
Altech Card Solutions now PCI DSS compliant
Altech Card Solutions, part of Altron TMT, has announced that it has yet again received the Visa International and MasterCard stamp of approval with its recertification as a Payment Card Industry Data Security Standard (PCI DSS) approved service provider. According to...
Retail Distribution Review set to make waves
The Retail Distribution Review (RDR) is expected to be one of the biggest shake-ups to hit the financial advice industry.
Bytes solution to looming FATCA deadline
Bytes offers a solution to the looming FATCA compliance deadline.
African insurers to review mobile strategies
In a report by Juergen Weiss based on the Gartner 2013 Global CIO survey, it is predicted that by 2015 at least 40% of the currently existing insurance-related, customer-facing mobile applications will be abandoned due to lack of demand. The reason for this low...