Mike Scott, Managing Director of Ecentric Payment Systems spoke at the 4th Annual Mobile Financial Services of the Future Conference in Johannesburg, South Africa. Scott, a leading transaction processing specialist took to the stage to share insight on local retailers’ journey with mobile payments and how to craft a mobile strategy that is inclusive and
Fundtech, a market leader in global transaction banking solutions, announces that Standard Bank has selected Fundtech’s cash management solution, Global CASHplus, to provide real-time liquidity management, cash flow forecasting, and balance reporting services to its corporate customers. It will give the bank the ability to provide its corporate customers with improved liquidity through full visibility
Vodacom together with Eduloan, a leading education finance and bursary administration provider is giving students the ability to pay for educational and daily expenses from their bursary cash stipends, by using m-pesa’s mobile wallet. In the pilot phase, Eduloan bursary students will get their cash allowance deposited into their m-pesa mobile wallet. This will enable
The South Africa Banking Risk Information Centre (SABRIC) CEO, Kalyani Pillay says that bank customers must be wary when being told that a certain supplier has changed their banking details and must thoroughly verify if the details have indeed changed. The scam operates by an innocent recipient receiving an email/letter informing them that their particular supplier
Capitec Bank posted headline earnings growth for the six month period to end August 2014 of 21%. Headline earnings per share was also up 21% to 1018 cents. An interim dividend per share of 246 cents was declared, up from 203 cents a year ago. The bank reported that income was driven by client growth,
Solidarity Research, a division of trade union solidarity has released their annual Bank Charges Report. The report does a comparison of bank fees across South Africa’s top 5 banks, Standard Bank, Absa, FNB, Nedbank, and Capitec Bank. Their research found that Capitec bank has the lowest bank charges for personal transactional accounts, even for clients
Gemalto, the world leader in digital security, has launched Ezio Armored Application, an entirely software-based solution that enables banks to quickly deploy secure eBanking applications on any PC. Ezio Armored Application secures eBanking end users against the latest generation of fraudulent and malicious cyber-attacks. In addition, the solution is particularly efficient, reducing the time of
Since 2005, Spark ATM has grown to be South Africa’s leading independent ATM network, with over 2 500 cash machines in some of the country’s most remote areas – all built on the basis of a uniquely lean, low-cost business model that has enabled it to put ATMs where nobody else can. “Many of our
ATMIA’s 10th annual ATM conference will provide this year’s most comprehensive industry summit on ATM and payments developments in the region. There is no other better industry event for getting up to speed on the latest trends in African payments and ATM developments than ATMIA Africa conference. Join us to celebrate the success stories of our industry, to
Existing and future Absa customers now have the opportunity to fully customise and build their own transactional banking accounts according to their needs and budgets, while enjoying a wealth of lifestyle features. The Absa Features Store intends to make the lives of the banks’ customers easier by providing them with more than just banking through
