by Dianne Bayley | Jun 19, 2023 | Innovation
Cash continues to play a central role in South Africa’s retail ecosystem, offering consumers a trusted, cost-effective, and easy to transact payment option with retailers. With figures from BankservAfrica showing that there’s more than R182 billion in cash in...
by Dianne Bayley | Mar 8, 2023 | Innovation
A study from Juniper Research has found that the number of consumer instant payments will exceed 235-billion in 2027; up from 74-billion in 2023. This growth of 218% will be driven by lower merchant acceptance costs when compared to traditional card schemes.This is of...
by Dianne Bayley | Oct 24, 2022 | Security and Legal
Data monetisation, or the process of using data to obtain a quantifiable economic benefit, has become big business. In fact, the global data monetisation market is valued at $2.9 billion and forecast to more than double to $7.3 billion in the next five years. This is...
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...
by Dianne Bayley | Jun 6, 2022 | Security and Legal
If boards of directors put financially distressed companies into business rescue earlier, more options would be available, and more companies could be saved, write Ryan Smith & Lara Kahn, Partners at Webber Wentzel.Although fewer companies are commencing business...