SA FinTech Firm Electrum Selected for Gartner Innovation Programme

Electrum, one of South Africa’s most successful fintech companies which specialises in payments technology, has been selected to participate in the Gartner Aspiring Innovators Programme. The aim of this prestigious programme is to highlight innovative providers of enterprise technology to attendees of the Gartner Symposium/ITxpo Africa 2017, which is being held in Cape Town from

SA FinTech Firm Electrum Selected for Gartner Innovation Programme

Electrum, one of South Africa’s most successful fintech companies which specialises in payments technology, has been selected to participate in the Gartner Aspiring Innovators Programme. The aim of this prestigious programme is to highlight innovative providers of enterprise technology to attendees of the Gartner Symposium/ITxpo Africa 2017, which is being held in Cape Town from

Latest ATM Management Trends in South Africa

As the company responsible for servicing 40% of ATMs in South Africa, SBV Services has a frontline view of the changes and challenges that face banks and cash services companies when providing ATM capabilities to clients. With constantly shifting criminal tactics, ATM attacks are still prevalent and ATM models need to be adaptable and innovative.

Latest ATM Management Trends in South Africa

As the company responsible for servicing 40% of ATMs in South Africa, SBV Services has a frontline view of the changes and challenges that face banks and cash services companies when providing ATM capabilities to clients. With constantly shifting criminal tactics, ATM attacks are still prevalent and ATM models need to be adaptable and innovative.

SA FinTech Companies Traderoot and Sureswipe Partner on New Payment Platform

Two of South Africa’s first financial technology companies have announced a strategic business relationship that is set to change the fintech payment space. Traderoot and Sureswipe have made available a quick, comprehensive and PCI compliant payment platform that reverses the relationship SMEs and merchants have with traditional financial institutions and places control of business processes

SA FinTech Companies Traderoot and Sureswipe Partner on New Payment Platform

Two of South Africa’s first financial technology companies have announced a strategic business relationship that is set to change the fintech payment space. Traderoot and Sureswipe have made available a quick, comprehensive and PCI compliant payment platform that reverses the relationship SMEs and merchants have with traditional financial institutions and places control of business processes

FNB’s Domestic Earnings Climb 8% on the Back of Good Topline Growth and Improved Efficiencies

The bank’s performance is pleasing when considering the muted levels of credit demand, low levels of business and consumer confidence and subdued economic growth in the reporting period. FNB lifted its earnings by 8% domestically with profit before tax increasing by 22% in the Premium segment and by 15% in the Business segment. The bank’s

New South African Financial Sector Regulation Act is Signed into Law

The SARB welcomes the signing into law of the Financial Sector Regulation Act, 2017 by the President. This is the culmination of collaboration on financial sector reform by the SARB, National Treasury and the Financial Services Board over the past decade. The Financial Sector Regulation Act is the most fundamental reform of the South African

TerraPay to Launch Cross-Border Money Transfers in South Africa

TerraPay, the world’s first mobile payments switch, announced today that it has successfully obtained regulatory approval from South African Reserve Bank to launch Cross-border money transfer services in South Africa. This makes TerraPay the 5th company to be licensed as a category three Authorised Dealer in Foreign Exchange with limited authority, also known as ADLA

SA Tech Startup SnapnSave Attracts R14m in Investment

Kalon Venture Partners, formerly Grotech, and Smollan Group SA both acquired a minority stake in South Africa’s fastest growing shopping community, SnapnSave. Kalon, a venture capital fund and Smollan Group, a leading international retail solutions business invested R7 million each. SnapnSave, founded by Mark Bradshaw is South Africa’s leading cashback coupon app that gives shoppers