10/22/2014
Stanbic upgrades systems for new banking experience
It will bring about a reduction in the time for processing of documents, create a single view of the customer and eliminate duplication of data, all to the benefit of the client.
FinTech
10/22/2014
Standard Bank to use Watson technology for South Africa’s banking sector
The ultimate beneficiaries of the project will be our customers for whom the process-known as cognitive computing will undoubtedly bring many benefits as we continue to identify innovative ways of doing business and build a bank for the future.”
10/20/2014
IRESS sets benchmark with new version of XPLAN
IRESS has recently made available to customers the latest version of its flagship wealth management solution, XPLAN
10/17/2014
IBM’s Watson technology moving into banking
The agreement, which will see Standard Bank South Africa partnering with IBM in assessing the product, was signed in Johannesburg
10/15/2014
Three years on, FNB’s banking app hits the million device mark
A slew of innovations, along with a few potholes (geo-payments anyone?) in the intervening three years have catapulted it to a million device installs.
10/14/2014
Stanbic IBTC Pension Managers expands customer reach by email
The campaign, he said, would run on major media platforms in order to ensure the message reaches the entire spectrum of the PFA’s clientele. He said that the accompanying customer bio-data update, which is the first in the series the PFA is embarkin
10/12/2014
Standard Bank's Five-Pronged Technological Interface Reduces Clients’ Foreign Exchange Risk
Standard Bank has implemented a five-pronged technological interface to equip itself to manage and reduce clients’ risk in the ever-fluctuating foreign exchange market.
10/08/2014
Equity Bank readies itself to challenge the M-Pesa’s monopoly mobile banking
Equity Bank has rolled up its sleeves to wrestle the control of Kenya’s mobile banking business from the giant telecom service provider Safaricom Limited.
10/08/2014
Standard Bank Selects Eagle as Enterprise Technology Platform
The technology solutions will be hosted on Eagle ACCESSSM, Eagle's secure private cloud.
10/08/2014
Ecobank Group rolls out African processing network on Tieto card suite
The Ecobank Group has developed an extensive processing network now operating in 34 countries based on Tieto Card Suite payment solutions.
10/03/2014
Real-time online monitoring solution installed at Standard Bank Mozambique
"SAM has enabled us to monitor our operations from one single point, automate operational processes and manage our Close Of Business more efficiently. I was pleasantly surprised at the ease of the installation of the tool."
09/30/2014
Kenyan court case could sound death knell for mobile money
Operators v banks in 'thin SIM' legal bizzle
09/30/2014
Standard Bank Selects Fundtech's Global Cash Management Solution
Fundtech, a market leader in global transaction banking solutions, today announces that Standard Bank has selected Fundtech's cash management solution, Global CASHplus, to provide real-time liquidity management, cash flow forecasting, and balance rep
09/25/2014
Risk versus reward
Internet banking brought convenience to South African subscribers, but also added risk.
09/22/2014
Cross-border payments enabled on FNB app
Giuseppe Virgillito, head of banking app at FNB Mobile and Connect said, "The rollout of our services on the FNB Banking App has always been driven by customer demand.”
09/19/2014
Kenya: Firm to Launch Virtual Banking Services in Somalia
The service will run on the back of E-mal mobile wallet solution currently deployed in Somalia.
09/18/2014
Bank of Africa launches B-Mobile Banking App
Among other services, B-Mobile users can access their bank accounts to check their bank balance and transaction history
09/16/2014
Cyber Crime: A threat to E-banking adoption in Nigeria?
Between year 2000 and 2013, Nigerian banks have lost an estimated N159 billion to electronic frauds and cyber crimes according to reports by the Nigerian Inter-bank Settlements Systems
09/12/2014
The Standard Bank MMA Smarties Awards announces winners
The event was held at the picturesque backdrop of Randlords in Johannesburg, overlooking the Nelson Mandela Bridge and our commercial capital's skyline.
09/11/2014
African technology expands in Europe
Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe.