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...
Online, mobile banking risks must be managed
Transforming Business and Driving Customer Centricity through the Intelligent Use of Technology and Data is the theme for this year’s GDS International CIO Africa Summit. Set to kick off tomorrow, in Cape Town, this event will bring together 70 senior decision makers...
Q-KON offers private satellite service
Q-KON’s Secure Private Satellite Network Service gives enterprise and financial customers throughout southern Africa the opportunity to leverage the high availability of satellite access networks with the regional span of terrestrial fibre networks to enable seamless,...
Analytics to improve banking, profitability
Predictive analytics is poised to make banking more client-centric, profitable and streamlined, says IBM. Lesley Plaistowe, partner and head of financial services at IBM South Africa, says predictive analytics is set to revolutionise banking on several fronts....
Automation eases IFRS compliance burden
Nigerian small and medium sized enterprises (SMEs) can ease the process of complying with International Financial Reporting Standards (IFRS) by putting in place a robust accounting software package designed for today’s demanding regulatory environment. That’s...