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fintech africa

Are we safe to bank on biometrics?

September 20, 2017 • Finance, Security, Top StoriesComments (0)

For financial institutions, the primary goal of digitisation is making banking simpler and more intuitive for customers. Biometric identification has huge potential, offering convenience, simplifying password management and providing a frictionless authentication process. However, combining the desire for ease of use with the need to improve security is a...

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Software development

South African software developers are in high demand

September 19, 2017 • Finance, Software, Southern Africa, Top StoriesComments (0)

South African software developers that service the financial sector are in high demand locally and internationally as they capitalise on expertise gleaned from operating in one of the most sophisticated banking and advanced mobile tech environments in the...

The benefits of cloud accounting software.

The benefits of cloud accounting software

September 15, 2017 • Cloud Computing, FinanceComments (0)

If you’re running an ambitious accounting business, then our advice is straightforward: move your business to the cloud. Xero research reveals that cloud-based accounting firms have five times more clients on their books than traditional firms. On average,...

The end of “one-size-fits-all” banking?

Is it the end of “one-size-fits-all” banking?

September 15, 2017 • East Africa, Finance, North Africa, Opinion, Southern Africa, Top Stories, West AfricaComments (0)

With Capitec’s latest trading update making a case for what consumers in emerging markets want – and need – the time for “one-size-fits-all” banking looks set to be over. As the bank continues attracting up to 150 000 new customers each month,...

Fintech

Two fintech startups win SWIFT’s global gpi industry challenge

September 14, 2017 • Finance, General, StartupsComments (0)

SWIFT, a provider of secure financial messaging services has awarded two fintech startups the opportunity to work with the co-operative and gpi banks over a three-month period to further enhance cross-border payments, leveraging on SWIFT gpi. The two startups...

What Is The Most Popular Smartphone Brand In SA?

How tech innovation is shaping the future of global payroll

September 13, 2017 • East Africa, Finance, North Africa, Opinion, Southern Africa, West AfricaComments (0)

Global business expansion is an exciting, yet challenging endeavour. Each new office in a new country presents a unique set of legislative requirements, further complicated by unfamiliar languages, cultures and customs. In the past, international companies...

Interview: Demystifying Bitcoin with ProsperiProp

Interview: Demystifying Bitcoin with ProsperiProp

September 12, 2017 • East Africa, Features, Finance, North Africa, Southern Africa, Startups, Top Stories, Video, West AfricaComments (0)

IT News Africa recently sat down with the CEO and Founder of ProperiProp, Llew Morkel, who looked to demystify the world of Bitcoin by breaking down the facets that contribute to this disruptive technology. ProsperiProp is a fintech startup that makes it...

Two South African fintech companies aim to change the payment space

Two South African fintech companies aim to change the payment space

September 12, 2017 • Finance, Southern Africa, Top StoriesComments (0)

Traderoot and Sureswipe, two of South Africa’s first financial technology companies, announced on Tuesday 12 September 2017 that the companies have entered into a strategic business relationship that they claim will change the fintech payment space....

Zapper

Zapper introduces mobile payment starter packs

September 11, 2017 • Finance, Southern Africa, Top StoriesComments (0)

South African mobile payment and loyalty rewards app, Zapper has introduced mobile payment starter packs. According to the company, the initiative will make it easier for businesses to cash in on the trend. These packs enable mobile payment integration in a...

BankservAfrica

BankservAfrica transforms backup environment

September 11, 2017 • Finance, Top StoriesComments (0)

Following its investment in new data centres and disaster recovery strategies, BankservAfrica, Africa’s automated clearing house and payment system operator, has contracted Veeam Software to modernise its backup and data protection systems. Processing...

The nominees for the PriceCheck Tech and E-commerce awards revealed

The shortlist for the PriceCheck Tech and E-commerce awards revealed

September 7, 2017 • Finance, Mobile and Telecoms, Online & Social, Retail, Southern Africa, Top StoriesComments (0)

After a record number of votes, 44,500, were cast to determine South Africa’s leading players in Tech & E-commerce, PriceCheck, the hosts of the awards, revealed on Monday, 5 September 2017, the companies who have been shortlisted across the various...

Mobile banking

South Africans prefer mobile banking to access banking services-Study

September 7, 2017 • Finance, Online & Social, Southern Africa, Top StoriesComments Off on South Africans prefer mobile banking to access banking services-Study

A study conducted by Avaya reveals that South African consumers prefer a digital-first approach to resolving their basic banking issues. The Customer Experience in Banking Survey, conducted with YouGov, queried more than 10,000 banking customers in two waves...

South African Reserve Bank approves TerraPay launch

South African Reserve Bank approves TerraPay launch

September 6, 2017 • Finance, Mobile and Telecoms, Southern Africa, Top StoriesComments Off on South African Reserve Bank approves TerraPay launch

TerraPay has revealed that the company has successfully obtained regulatory approval from the South African Reserve Bank to launch Cross-border money transfer services in South Africa. The approval sees TerraPay become the fifth company to be licensed as a...

How banks can crowd-source fraud management?

How can banks crowd-source fraud management?

September 4, 2017 • East Africa, Finance, North Africa, Opinion, Southern Africa, West AfricaComments Off on How can banks crowd-source fraud management?

With an explosion of digital payment channels, transaction security enhancement has become indispensable for all entities in the payment process – issuers, acquirers, merchants, payment brands, mobile and digital commerce solution providers. The risks...

Alipay

Mobile money platform Alipay enters South Africa

September 4, 2017 • Finance, Online & Social, Southern Africa, Top StoriesComments Off on Mobile money platform Alipay enters South Africa

Online and mobile payment platform Alipay has announced a partnership with Zapper, a mobile payment, customer insights and digital marketing platform developed in South Africa. As revealed by the firm, this partnership will allow Chinese tourist in South...

Direct Pay Online receives International Security Certification

Direct Pay Online receives International Security Certification

September 4, 2017 • Finance, Security, Top StoriesComments Off on Direct Pay Online receives International Security Certification

Direct Pay Online Group (DPO) is the first payment service provider (PSP) in Africa to receive the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification in 12 African countries. This comes after the successful completion of...