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Saturday, August 18, 2018

Is cybercrime costing banks more than money?

Banking has changed vastly over the past few years, as new technologies emerge to change the way we transact. Non-traditional methods of transacting, such as the blockchain and mobile banking, have emerged, causing an influx of data from multiple sources.

Zimbabwe – the case for a cashless case-study?

Running a country with hard cash is expensive. Instead of devising new plans to make cash available, governments should drive the cashless shift by promoting and enforcing electronic payments, which will motivate citizens to open bank accounts.

Banks must embrace digital disruption

Kele Boakgomo | Managing Director:  Financial Services Practice | Accenture South Africa | kele.boakgomo@accenture.com  | www.accenture.com |The banking industry continues to experience disruption -...

Rising risk tide for directors!

Lee Astfalck | Director | Norton Rose Fulbright | lee.astfalck@nortonrosefulbright.com | www.nortonrosefulbright.com |State capture, growing public discontent fuelled by social media at the activities...

Bank powers to hold funds on suspicion of a tax offence...

Section 190(5A) of the Tax Administration Act, 2011 requires a bank to immediately report to SARS if it has a reasonable suspicion that the...

Technology is transforming the insurance industry

The insurance industry has been characterised as traditionalist and conservative - an industry that is slow to change with limited consumer reach.Technology innovations...

What the future of digital holds for retail banking

Banks set to lose the ‘offer’ as digital disruption continues to transform industry.Banks are finding it increasingly difficult to reach and ensure value to...

National Health Insurance (NHI) White Paper

The Department of Health has issued a White Paper on National Health Insurance (NHI).The paper, Gazetted on 30th June 2017, is available for download...

Our biometric future?

What do consumers want when they bank or shop?Often, they want just two things: for their money to stay safe and for their banking...

Finance industry getting to grips with innovation

A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: FinTech’s growing influence on Financial Services.
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