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Identity ecosystem must learn from banks’ example

Identity ecosystem must learn from banks’ example

November 23, 2017 • Finance, General, Opinion, Southern AfricaComments (0)

The recent high-profile identity data breaches in South Africa are symptomatic of the overall chaos the identity ecosystem currently finds itself in. Lacking a cohesive strategy, an interlinked architecture and a comprehensive regulatory framework, most organisations have been building their own identity verification databases in isolated pockets, using a...

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Should you be investing in initial coin offerings just yet?

Should you be investing in initial coin offerings just yet?

November 23, 2017 • Finance, Online & Social, OpinionComments (0)

Initial coin offerings (ICOs), also referred to as token sales, have become the latest fintech trend gaining popularity in the cryptocurrency environment. But what are they? Simply put, ICOs are used to raise investments for a particular project. But instead...

Republic of Congo’s financial economy gets digitised

Republic of Congo’s financial economy gets digitised

November 23, 2017 • Finance, Top StoriesComments (0)

LCB Bank, a subsidiary of BMCE Bank Of Africa Morocco Group, and Mastercard announced their partnership focused on digitising the Republic of Congo’s financial economy in support of the countries desire to financially empower its citizens. The partnership...

Better banking through technology

Better banking through technology

November 21, 2017 • Finance, Opinion, Southern AfricaComments (0)

South Africa has been acknowledged for years for our sound, advanced banking system. However, at the onset of the fourth industrial revolution, with humans and technology interacting like never before, we face an interesting balancing act. Disruptive...

Assessing the cryptocurrency landscape.

Assessing the cryptocurrency landscape

November 21, 2017 • East Africa, Finance, North Africa, Online & Social, Opinion, Southern Africa, Top Stories, West AfricaComments (0)

The evolution of cryptocurrencies means there is potential to be “incredibly surgical” in terms of regulation and the enforcement of transparency, but regulators are still facing resource constraints and other limitations in their efforts to get on top of...

Data intelligence driving financial decisions

Data intelligence driving financial decisions

November 20, 2017 • Big Data, Finance, Opinion, Southern AfricaComments (0)

As the world delves ever deeper into the Fourth Industrial Revolution, modern enterprises are forced to evolve their operational practices. With this digital transformation comes an onslaught of information, resulting in massive datasets and the...

WorldRemit and Arsenal sign first official money transfer partnership

WorldRemit and Arsenal sign first official money transfer partnership

November 20, 2017 • Finance, Mobile and Telecoms, Online & Social, Top StoriesComments (0)

Digital money transfer business, WorldRemit, announced on Friday 17 November 2017 that the company has signed the first official online money transfer partner of English Premier League club, Arsenal. According to the business, which was formed by a UK-based...

Planning for sustainable e-commerce in Africa

Planning for sustainable e-commerce in Africa

November 20, 2017 • Finance, Opinion, Top StoriesComments (0)

Traditional retail has been transformed by e-commerce and its technological capabilities. It has proven to be an enormously disruptive but positive force, spurring innovation and providing new economic opportunities for retail entrepreneurs, particularly in...

Wala and Veridium to demonstrate new digital banking model in Africa

Wala and Veridium to demonstrate new digital banking model in Africa

November 17, 2017 • Finance, Top StoriesComments (0)

Veridium, a biometrics company has announced a partnership with Wala, a South African-based, blockchain-powered financial services platform. Through the partnership, the companies will bring universal and financial services to emerging countries in Africa....

Biometrics leading the way in banking-study

Study: Biometrics leading the way in banking

November 16, 2017 • Finance, Top StoriesComments (0)

Gemalto’s latest e-Banking survey results have highlighted the willingness – and appetite – of end-users to use biometrics. local banks have an opportunity to move past passwords and mere transaction security and add real value by introducing biometrics...

Top 5 cyber safety tips to apply this Black Friday

Top 5 cyber safety tips to apply this Black Friday

November 15, 2017 • Finance, Online & Social, Southern Africa, Top StoriesComments (0)

South Africa’s shoppers are growing more comfortable with the idea of online shopping. But is our level of education about the associated risks keeping pace? Considering the rising trends of local data breaches and the number of consumers falling victim to...

South African informal traders to get digital payment systems

South African informal traders can now accept electronic payments

November 15, 2017 • Finance, Southern Africa, Top StoriesComments (0)

Mastercard has announced a partnership with Spazapp, a Durban-based tech company, to offer mobile payments to informal traders and convenience stores, better known as spaza shops, in South Africa. By combining their expertise and reach, the companies intend...

FlySafair travellers can now use Zapper app to pay for tickets

FlySafair travellers can now use Zapper app to pay for tickets

November 10, 2017 • Finance, Southern Africa, Top StoriesComments (0)

South African airline, FlySafair and Zapper have entered into a partnership which will allow travellers to use the Zapper app to pay for FlySafair tickets online, as well as at the airline’s web kiosk and sales desk. This new payment option eliminates the...

Better security to drive increase in mobile holiday shopping

Millennials prefer digital touchpoints for financial activities, says Forrester

November 9, 2017 • Finance, Top StoriesComments Off on Millennials prefer digital touchpoints for financial activities, says Forrester

A study conducted by Forrester has revealed that millennials are actively looking for financial guidance more than their older counterparts. The “Millennials Want Financial Advice, With or Without Humans” study revealed that in Europe, 32% of...

Blockchain fraud schemes on the rise- Kaspersky Report

Blockchain fraud schemes on the rise

November 8, 2017 • East Africa, Finance, North Africa, Security, Southern Africa, Top Stories, West AfricaComments Off on Blockchain fraud schemes on the rise

While cryptocurrency holders search for new investment opportunities and ways to increase their savings, and enthusiasts look to learn more about the benefits of going cashless, malicious users are also looking for ways to capitalise on the popularity of the...

Cryptocurrency stealers putting users' savings at risk

Cryptocurrency theft putting users’ savings at risk

November 6, 2017 • Finance, Security, Top StoriesComments Off on Cryptocurrency theft putting users’ savings at risk

Researchers from Kaspersky Lab have discovered a new malware which takes cryptocurrencies from users wallet.  Cybercriminals are targeting popular cryptocurrencies such as Bitcoin, Ethereum, Zcash, Dash, Monero. According to Kaspersky Lab, the cybercriminals...