MoData Launches Automated Reconciliation Platform as a Cloud Solution

Posted on by Staff Writer | 3374 Views | 8 min read

MoData, one of Africa’s leading digital enablement and cost-optimisation companies, will be officially launching ‘auto-Reconciliations in the Cloud’ at the forthcoming Finance Indaba Africa in Sandton on the 16th and 17th of October. The cloud-based reconciliation platform is built on the Fiserv’s world-class Financial Control Solution, which counts leading South African organisations such Old Mutual,

Global Fintech Hackcelerator @ Southern Africa

Posted on by Staff Writer | 3708 Views | 19 min read

The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions. In August 2019 the SARB joined forces with KPMG Matchi to run the 2019

Standard Bank Partners with iiDENTIFii to Enable Secure, Frictionless Digital Banking

Posted on by Staff Writer | 4042 Views | 15 min read

Standard Bank, Africa’s largest bank operating in over 18 African countries as well as in Asia, Europe, North America and South America, have partnered with iiDENTIFii, a Cape Town-based technology company that enables remote biometric digital authentication and automated onboarding. By deploying the world-leading iiDENTIFii solution across the bank’s existing product and service offerings, Standard Bank

Standard Bank Scoops Awards at SIBOS

Posted on by Staff Writer | 16764 Views | 7 min read

Standard Bank Group, Africa’s largest bank by assets, has received a number of industry awards from Global Finance, presented on the side-lines of the annual 2019 SIBOS conference held in London. “We are pleased to have received these awards which serve as recognition of our Africa-focused strategy, and bear testament to our role in continuing

Strong Capitec Growth Driven by Digital Adoption and Higher Income Credit Clients

Posted on by Staff Writer | 3737 Views | 30 min read

SA’s leading retail bank has again produced a solid set of interim results. Their affordable banking solution that is simple to understand, transparent and helps clients improve their financial lives continues to resonate with consumers from all walks of life. Capitec obtained an average client growth of almost 200 000 clients per month over the

Sasfin Reports Jump in Headline Earnings as Credit Quality Improves

Posted on by Staff Writer | 3473 Views | 3 min read

Sasfin posted a 32.05% growth in headline earnings to R161.305 million (June 2018: R122.152 million) with an increase in headline earnings per share of 31.42% to 501.00 cents (June 2018: 381.21 cents) for the year ended 30 June 2019. According to Group Financial Director, Angela Pillay, the growth in the earnings is primarily due to

Partnerships are Key to Driving the Future of Inclusive Payments in South Africa – Mastercard Deloitte Report

Posted on by Staff Writer | 3381 Views | 20 min read

The financial services sector in South Africa is undergoing an unprecedented transformation. Rapid developments in digital technologies are both disrupting and enabling change in previously disconnected sectors, such as banking, telecommunications and retail. These advancements make digital payments and services more readily accessible and affordable to consumers and small businesses, but the usage of such

Standard Bank Remains South Africa’s Most Valuable Brand

Posted on by Staff Writer | 3535 Views | 6 min read

Standard Bank has retained its position as South Africa’s most valuable brand, according to the second edition of the BrandZ Top 30 Most Valuable South African Brands report. The annual study and evaluation of brands is conducted by global market research and insights firm Kantar, and communication and branding giant WPP. It values the Standard

How Fourth Industrial Revolution Technology is Delivering a World of Opportunities to Merchants

Posted on by Staff Writer | 3317 Views | 21 min read

There’s no doubt that technology has already re-shaped the way the world thinks about buying and selling. Who would have thought twenty years ago that people would be shopping on their phones? Despite the huge changes to the shopping experience in recent years, it’s important to understand that we are only part-way through this journey.

Fintech Nomanini Raises $4m in Funding Round Led by Standard Bank

Posted on by Staff Writer | 4378 Views | 20 min read

Through the strategic investment, Standard Bank has launched a mobile application, powered by Nomanini, which offers underserved informal retailers financial services for the first time CAPE TOWN, 27th August 2019—Nomanini, the pioneering fintech platform for the informal retail ecosystem, has today announced a $4m funding round led by Standard Bank, Africa’s largest bank, and completed