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Fintech

G20 a catalyst for strengthened SA-India trade and tech

The recent international event served as a catalyst for economic co-operation – particularly in banking, digital transformation and financial inclusion, says Eshmael Mpabanga, country head and SVP at Intellect Design.

Christopher Tredger

Black Friday traffic sees FNB app glitch

The app outage on Black Friday disrupts the bank’s clients on one of the busiest shopping days of the year in South Africa.

Livestock trading platform bags major investment

The SwiftVEE online platform plans to expand after concluding a Series A funding round from several funders.

South African Reserve Bank

SARB rules out launch of digital currency in SA

A position paper on a retail central bank digital currency in SA concludes there is no compelling immediate need for its implementation.

Infotech Integrated Solution

Inside IIS’s compliance and cyber security platform

Infotech Integrated Solution’s platform fosters continuous readiness, integrating monitoring, cyber security, reporting and governance into a single, intuitive environment.

NSFAS fintech partners to challenge contract cancellations

In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1

Lesaka Technologies

SA regulators approve landmark fintech, fibre network deals

The regulatory authorisations clear Lesaka’s Bank Zero acquisition and Vodacom’s 30% stake purchase in fibre group Maziv.

Streamlining cross-border trade payments with automation, AI

For banks to scale their capabilities, improve efficiency and accuracy, and reduce time to payment, they must look to automation and AI.

Justin Ashworth

Sybrin simplifies business verification, onboarding for banks

Sybrin's know your business portal streamlines business onboarding by centralising document collection for legal entities and performing KYC checks on directors.

Huawei Cloud drives African FinTech innovation

Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking

FNB Connect reaches 1m active subscribers

The big-four bank’s mobile offering now has one million active subscribers under its umbrella.

Fintech turns standout performer for Pepkor

JSE-listed retailer Pepkor’s fintech segment increased revenue by 31.1% and operating profit by 52.3% to R2.2 billion.

Naspers, Prosus set for minimum $7.3bn revenue

JSE-listed Naspers and its international arm Prosus are set to deliver more than $7.3 billion in revenue for 2026.

FSCA compliance

A smarter path to FSCA compliance

Compliance shouldn’t feel like an annual scramble. It should be continuous, understandable and actionable, says Mauritz du Toit, CEO of Infotech Integrated Solutions.

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