The financial services industry is under increased threat from cybercriminals who use ingenious methods to attack institutions and consumers. Cybercriminals are employing ever more sophisticated means to intercept online transactions and commit fraud. Banks, financial services companies and consumers are permanent targets in this online battleground, while countermeasures have to be able to track an
African Development Bank President Akinwumi Adesina and South African Minister of Finance, Malusi Gigaba, signed a Host Country Agreement on Friday, August 18, establishing the Bank’s Southern African Regional Development and Business Delivery Office in Pretoria, the country’s capital. The office will serve as one of five regional hubs for the pan-African development finance institution
Chinese tourists in South Africa will have more opportunities to pay via smartphone as Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group (“Ant Financial”, “Ant”), partners with Zapper, the fast-growing mobile payment, customer insights and digital marketing platform developed in South Africa. This partnership will allow them to
Women are steadily catching up to men when it comes to cashing in on the convenience of sending and receiving money via eWallet on the FNB App. The latest data revealed by FNB eWallet Solutions shows that in the six months to June 2017 the percentage eWallet sends by male users on the FNB App
Women are steadily catching up to men when it comes to cashing in on the convenience of sending and receiving money via eWallet on the FNB App. The latest data revealed by FNB eWallet Solutions shows that in the six months to June 2017 the percentage eWallet sends by male users on the FNB App
Direct Pay Online Group (DPO) has announced the acquisition of Virtual Card Services (VCS) South Africa. This marks the completion of DPO’s purchase of VCS Group, post the earlier acquisition of VCS Namibia and VCS Botswana. Furthermore this acquisition further bolsters DPO’s leading position in Southern Africa post its previous acquisitions of PayThru and PayGate.
CROSSFIN Technology Holdings announced that it has financed the acquisition of the South African subsidiary of leading global corporate services company Edenred through its portfolio company Innervation. Speaking of the deal, CROSSFIN COO Anton Gaylard says the acquisition creates a compelling value proposition for South African corporates. “According to the latest Deloitte Human Capital Trends,
The world of payments is evolving, and the future of payments security will see a number of developments as more people embrace online and mobile payments. The consumer environment is seeing an exponential growth in the number of connected devices that people are interacting with in their daily lives. This growth is shaping the new
One of the biggest challenges facing financial services organisations that are embarking on digital transformation initiatives, is to integrate data while still ensuring business continuity. For Namibian-based Capricorn Group, Veeam® Software provided the assistance it required for this journey. Working with its partner Complete Enterprise Solutions, Veeam rolled out its availability solutions encompassing backup and
More than 160 out-of-school, unemployed or self-employed young women between the ages of 18 and 35 have graduated today from the Junior Achievement South Africa (JA South Africa) Youth Enterprise Development Programme 2017. This Mastercard-funded initiative empowers women to pursue entrepreneurial ventures of their own. Over the 20 week programme, the women participated in theoretical
