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R88bn is sitting unclaimed. Who should be trusted to find the rightful owners?

South Africa's financial system is sitting on an estimated R88-billion that belongs to people who don't know they're owed money. Forgotten retirement fund payouts, dormant bank accounts, unpaid insurance proceeds, and unclaimed investment returns - money that, in many...

Onafriq joins FINASA

Onafriq, Africa's largest payments network, has joined the Fintech Association of South Africa (FINASA) as an enterprise member. The membership comes at a time when South Africa is strengthening its position as a gateway for payments flowing into and across the...

Ericsson, FIS to enable wallet-led digital financial services

A collaboration between Ericsson and financial technology company FIS aims to catalyse the growing convergence of connectivity and digital financial services. According to Ericsson president and CEO Börje Ekholm, the collaboration aims to pre-integrate FIS fintech...

In its second act, blockchain will transform traditional finance

Financial markets are on the verge of their most significant infrastructure transformation since the shift from paper-based trading to electronic systems. By Dr Wiehann Olivier, partner and global co-head of digital assets at Forvis Mazars Yet, despite the growing...

Bytes MS reduces costs with NCR

Banks can each save up to R5-million per year by employing a tailored cash management solution. This is according to Alan Anderson, Bytes Managed Solutions’ Business Development director, who says that Bytes Managed Solutions (Bytes MS) can ensure significant cost savings through its latest cash management technology from NCR Corporation, the global leader in consumer transaction technologies.

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