InventCommerce announced the move to larger offices in Cape Town to accommodate their continuing growth in the region. InventCommerce founders Kevin Ludford and Jason Bramsden started the company with the aim of building an innovative eCommerce platform and solutions integrator business to support retailers and merchants, dedicated to helping their clients leverage the best from
FNB’s eWallet is showing strong growth in its African operations with a 119% year-on-year increase in the last financial year. It has also maintained its growth trajectory in South Africa with the total number of eWallets in all countries reaching 2.5 million, an 84% increase on the previous financial year. “The success of eWallet in
Fast-growing transaction authentication innovator Entersekt is an increasingly powerful catalyst for change in online security, both in South Africa and other parts of the world. Founded in 2008 by graduates of the University of Stellenbosch, the software provider is one of the country’s recent entrepreneurial success stories. Headquartered in the Cape Winelands, it employs over
Absa has committed more than R550-million to improve and enhance its ATM network and expand convenient self-service banking facilities for Absa and non-Absa customers alike. Absa operates the largest ATM footprint nationwide with more than 9000 conveniently located ATMs. The investment has ensured that all ATMs have enhanced functionality and industry-leading availability and uptime. Enhancements
About 32% of participants in a survey conducted on bidorbuy in September 2013 will do their Christmas shopping on a mobile device this year. Although the majority of online shoppers still prefer their computers, this shows that South Africans are becoming increasingly comfortable with buying on a cell phone or a tablet. As many as
Standard Bank Group has been awarded the 2013 Bank of the Year award from Africa Investor magazine. The award recognises their growth and performance, how their banking structure and strategy equips them for future developments in the market and their contributions to financial inclusion and economic development in Africa. Africa Investor is an influential niche
African payments provider iVeri’s EMV chip-and-PIN mobile payments solution, MPress has been approved by the Visa Ready program. The approval applies for use within Visa Inc. territories. Visa Ready, introduced in February, 2013, is designed to provide innovators with an easy way to collaborate with Visa and quickly introduce Visa-compliant devices, software and solutions that
Humanness, social contracting, and trust – these are the three key aspects that influence customer satisfaction and retention, according to the latest trends reported by the 2013 Ask Afrika Awards. The Ask Afrika Orange Index uses audited, independent research to measure service in South Africa. Capitec Bank, the winner of the overall Banking Industry Award, cites its recent investment of over R200 million
There was a massive breach in South Africa’s banks last week resulting in tens of millions of rands in losses. The breach was caused by a malicious malware called Dexter which was unknowingly installed on the POS terminals of a number of fast food chains. It is believed that the malware was implemented by an
With the launch of the Pick n Pay smart shopper mobile app, customers can now access all the benefits of South Africa’s favourite rewards programme anytime. With about 12 million smart phones in circulation in the country, they¹re the one thing that many South Africans just can’t do without. With this in mind, Pick n
