The Bank of Namibia has noted with concern an increasing number of scammers seeking unsolicited financial assistance from Namibians to finance the country’s developmental agenda targeting senior public figures including politicians and civil servants. These scams are known as ‘419 scams’, popularly known to trick victims into paying a certain amount of money to fraudsters
SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem. The findings, from two separate experiments, solve the significant challenge of interoperability in cross-border transactions by bridging between different distributed ledger
Supporting visionary CFOs and finance professionals with a new cloud financial management platform Sage (https://www.Sage.com/en-za/), the leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses, launched Sage Intacct in Namibia, Botswana and Mauritius today. The award-winning cloud financial management solution provides finance teams with the insights and automation they need to
Traderoot Africa and Oracle Financial Services have created an exciting and unique collaboration in which Traderoot Africa’s Certified TCIB Integration ISO e-Bus and the Oracle Banking Payments TCIB payment processor have been integrated to offer an end to end industry-grade TCIB payments solution. Financial inclusion of the underbanked and unbanked population is subject to the availability of suitable
Ukheshe appoints Lee Ziervogel as COO In today’s fast-paced, wealth-driven world where customer service often ends at the point of sale, true business success requires solid, customer-centric ethics. This is the belief of Lee Ziervogel, the newly appointed Chief Operating Officer at fintech enablement company Ukheshe. “This is especially important for a fintech company like
SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to offer cutting-edge digital solutions to our customers. A strong, resilient network
South Africa is haemorrhaging vital tech skills to global companies, in some instances hobbling companies in the IT sector. This is being made worse by skills-hungry fintechs and crypto startups which have the VC funding to attract the scarce skills they need, over and above the pandemic, and the resulting normalisation of work-from-home, that has
SilverBridge was one of three finalists in the Industry Solution FSI Partner of the Year category at the recent 2022 Microsoft South Africa Partner Awards. This follows a year where the insurance solutions provider continued to drive modernisation, digitalisation, and intelligent automation developments in life insurance and pensions business. The SilverBridge solutions have enabled insurers
Clickatell’s latest Chat Commerce Trends Report found 95% of consumers desire a personalized experience in chat for booking updates, especially for flight delays, late check-ins and upgrades Clickatell (www.Clickatell.com), the CPaaS innovator and Chat Commerce leader, revealed the results of its latest Chat Commerce Trends Report: Travel Edition, which uncovers new insights about how today’s consumers
It has come to the attention of the Bank of Namibia (BON) that Trustco Group Holdings Ltd (TGH) has issued a media release claiming, amongst other things, that the Bank of Namibia denied an offer by (TGH) to capitalise Trustco Bank Namibia Ltd (TBN) by an amount of N$1.0 billion. Further reference is made to
