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Payment ecosystem must find commercial carrot to move away from cash

Payment ecosystem must find commercial carrot to move away from cash

by Dianne Bayley | Aug 25, 2022 | Security and Legal

The South African payment ecosystem will need to increase cooperation if it hopes to reduce the country’s over-reliance on cash. And, while the regulator still has a big part to play in the solution, flipping the way payments are generally incentivised in favour of...
Unlocking the power of hyper-personalisation for more relevant banks 

Unlocking the power of hyper-personalisation for more relevant banks 

by Dianne Bayley | Aug 11, 2022 | Innovation

Real-time data and artificial intelligence (AI) have made it possible to deliver curated content, services and products designed for individual customers, but many banks are unable or unwilling to embrace the opportunity offered by hyper-personalisation.There is no...
Big Data key to financial sector’s personalised customer service offerings

Big Data key to financial sector’s personalised customer service offerings

by Dianne Bayley | Jul 19, 2022 | Uncategorized

It is predicted that the amount of digital data created over the next five years will be greater than twice the amount of data created since the advent of digital storage, writes Takalane Khashane, Managing Director, Iron Mountain South Africa. The IDC’s Worldwide...
Putting the brakes on payment fraud at South Africa’s car dealerships

Putting the brakes on payment fraud at South Africa’s car dealerships

by Dianne Bayley | Jun 19, 2022 | Security and Legal

While every business, irrespective of size, is vulnerable to payment fraud worrying gaps in South African motor dealerships’ payment systems put the entire sector at risk. Ryan Mer, CEO at eftsure Africa,  a Know Your Payee™ (KYP) platform provider, says the most...
Opinion: Counting the real cost of cash in South Africa

Opinion: Counting the real cost of cash in South Africa

by Dianne Bayley | May 24, 2022 | Innovation

Cash is still king in South Africa. But according to Anton van der Merwe, COO of leading pan-African fintech enablement partner, Ukheshe Technologies,  its long reign is increasingly under threat as businesses and consumers begin counting the real, hidden costs behind...
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