Chek Africa Launches Cheklocums.co.za

Chek Africa Holdings, a South Africa privately owned eCommerce Company, announced the launch of cheklocums.co.za, a real-time e-recruitment platform focused solely to locum professionals and employers in the healthcare industry. The platform embraces the locum industry by encompassing its innate flexibility with functionally rich e-recruitment solutions, making it the ideal tool for healthcare employers to

Finscope South Africa 2013 – Banked Grow by 3.5m

FinMark Trust has released its annual FinScope South Africa 2013 survey results. This year’s study reveals a significant increase in financial inclusion compared to last year from 28.9 million people in 2012, to 30.7 million in 2013. Significant increase in financial inclusion This growth in financial inclusion is mainly due to an increase in borrowing,

eCentric Switch Announces New Name

eCentric has announced a new company name, corporate identity and website. Effective immediately they have changed their company name and branding to Ecentric Payment Systems. This year they are celebrating their 15th year in the payments processing industry. Through their industry experience they have diversified their business to offer a comprehensive suite of payment services

Absa Multi-currency Card Excels

Since its launch in May this year, Absa’s Multi-currency prepaid travel card has generated 12 000 card sales and more than R250 million in transactions. From a zero base six months ago, the service now accounts for 77% of all Absa travel card sales. In a first-to-market in South Africa, the cash passport allows South

Nedbank Unveils Africa’s First 100% Renewable Energy Powered Bank Branch

Nedbank Group unveiled Africa’s first ever banking branch that fully offsets its energy usage through renewable energy sources. The Lansdowne Corner branch situated in Cape Town utilises an innovative hybrid power installation, effectively making it a 100% off-the-grid outlet. The grid-tied renewable energy system harnesses solar and wind energy and converts this to standard mains

Ingenico and African Resonance Implement Outsourcing Business Model for Standard Bank

Ingenico, a leading provider of payment solutions, announced an agreement between its local Value Added Reseller – African Resonance – and Standard Bank, a major Pan-African banking group and one of the four major acquiring banks in South Africa, to implement an innovative outsourcing business model. Within the framework of this agreement, African Resonance will

FNB Card Payments Overtake ATM Cash Withdrawals

FNB reports that monthly non-cash purchases by customers in its Consumer Segment have surpassed cash withdrawals at its ATMs by R800m. The dominance of card over cash is very new in the financial services sector. Two years ago, FNB Consumer Segment customers withdrew R1.3bn more in cash than the value of card purchases. Across the

InventCommerce Expands in South Africa, Partners with Magento and Hybris

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 Shows True Impact in Africa

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

Entersekt Drives Online Security Advances in Payments Industry

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