Thursday, September 12, 2024
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financial services

Cybersecurity

Over one third of all phishing attacks target customers in the financial sector

Staff Writer -
In the second quarter of 2018, Kaspersky Lab’s anti-phishing technologies prevented over 107 million attempts to visit phishing pages, of which 35.7% were related to financial services and targeting customers through fake banking or payment pages. The IT sector...
Cloud Computing

Cloud and partnerships key to survival for finservs

Staff Writer -
While financial services institutions have been able to collect huge volumes of data on customers and their behaviours, they need to turn to new technologies and strategic partnerships to improve internal processes and customer experiences, in order to successfully...
FinTech

Are investment banks ready for blockchain-enabled distributed ledgers?

Staff Writer -
Two years ago, Accenture published a report on the potential impact of blockchain technology on the investment banking industry. Since then, interest in and funding for this type of financial technology (FinTech) have grown exponentially. An estimated $75 million...
East Africa

How AI’s disrupting customer service in the financial services industry

Staff Writer -
Robo-advice and artificial intelligence technologies are fast-tracking new investment opportunities at a lower cost than traditional investment options – disrupting financial institutions’ approach to customer interaction. These automated platforms, that use algorithms to manage investments at a lower cost than...
FinTech

South African software developers are in high demand

Staff Writer -
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 world. The...
East Africa

Five Growth Industries In Africa In 2017

Staff Writer -
When looking at the world as a whole, it is evident that each continent has it’s own growth trends which are ultimately determined by the economy as well as common global trends. This means that all countries will be...
Company News

ex-Barclays Africa exec joins JUMO

Staff Writer -
JUMO, a digital financial services company, has announced the appointment of ex-Barclays Africa Managing Principle, Warren Squires as the new Director of the MTN channel. This is a part of JUMO's drastic expansion. Squires will lead JUMO's strategic partnership with...
FinTech

SA’s outdated banking regulations stifling innovation, preventing competition

Staff Writer -
While the stringent financial regulations in South Africa protect consumers and the financial services sector from systemic risk, they also create high entry barriers for innovative entrepreneurs looking to improve the industry’s customer value proposition. That is the view of...
Digital Transformation

How to get ready for digital transformation in financial services

Staff Writer -
What is digital transformation? Simply put, it’s leveraging digital business, which Gartner defines to be the creation of new business designs by blurring the digital and physical worlds, to reach goals that could not be reached earlier, faster, or...
FinTech

MTN enters the insurance business

Staff Writer -
MTN Group and MMI Holdings today announced the launch of a micro insurance joint venture, branded aYo. The joint venture will benefit from the scale, combined expertise and market access of both companies, to provide a strong basis to...
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Latest News

Company NewsMamsi Nkosi -

New ICT Academy in Olievenhoutbosch (South Africa)

Afrika Tikkun, a leading youth development agency, is excited to collaborate with Microsoft South Africa to launch the ICT...
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