Synthesis combines RegTech experience and AWS to deliver Compliance Solutions to Standard Bank. Good Governance means adhering to all applicable laws, regulations, policies and procedures. In practice, these processes are often complex and time consuming for employees. Standard Bank’s Compliance division recognised the need to re-engineer its approach to managing employee outside interests, gifts and
Consumers will support humanitarian relief efforts when they “Tap to Pay” with their Mastercard contactless card or “Scan to Pay” with their Masterpass app or any Masterpass-enabled Scan to Pay banking app at Shoprite, Checkers and Usave till points The Priceless Cause will see Mastercard donate R1million towards supporting communities in need of assistance With
Leading payment solutions provider, Netcash, and Avantedge Group member, Solumed, have announced the integration of the Netcash payments solution with Solumed’s medical practice management software. The functionality simplifies the collection and processing of payments for users of the Solumed software, which include more than 1,000 medical, dental, radiology and allied healthcare practices around South Africa.
The last year-and-a-half has seen a rapid rise in all forms of contactless payments. For merchants across the globe, enabling these payments as a means to reduce surface contact has been a pandemic trading necessity. However, as time moves on, choosing which payment options you offer should not be solely based on hygiene, but rather
The KPMG Private Enterprise Global Tech Innovator Africa competition came to an exciting close this week and saw Africa’s future unicorn, Ukheshe, take second place among 75 other worthy entrants across Africa. The maiden KPMG Global Tech Innovator launch showcased Africa’s place as the next global the next growth and investment frontier. Aimed at recognising
Standard Bank, Africa’s largest financial services organisation, has collaborated with Transaction Capital to develop an intelligent data solution that will empower businesses with a deeper understanding of consumers’ payment and transaction behaviours. Coined AUTHENTIFI, the value proposition is designed to assist businesses enhance risk management, optimise cost and efficiencies, and improve cashflow and collection success
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down slightly to 57.4 index points in June 2021 from 57.8 in May 2021. All 5 of the headline PMI’s major sub-components were above the neutral 50-point mark in June. Furthermore, the average reading of both the headline PMI as well as the business activity index during the
Standard Bank Group is proud to announce a new partnership with South African based technology company, iiDENTIFii. Following the launch of the group’s OneHub platform, this partnership will enable corporate customers to biometrically identify and verify the individuals they are doing business with via OneHub. Identity fraud is one of the fastest growing crimes globally
In the midst of the COVID-19 pandemic, six in 10 SMMEs in South Africa anticipate growth and are proactively planning for the future Upskilling staff for the future, access to data, analytics and insights, and digitising business operations offer highest growth potential for SMMEs As the COVID-19 pandemic continues to put pressure on Small, Medium
IDEMIA launches Global Fintech Accelerator Card programme dedicated to support fintechs in South Africa in expediting the process of cardholder onboarding and card issuance According to data, fintechs continue to attract the lion’s share of venture capitalist funding. In South Africa, reports put the figure anywhere between 25-30%, meaning fintechs in the country absorbed almost
