Fintech take on the CoFI Bill

Fintech take on the CoFI Bill

By Seshree Govender, Associate at Webber Wentzel, specialist in financial services regulation The draft Conduct of Financial Institutions Bill was recently published. Once enacted, the Conduct of Financial Institutions (CoFI) Bill may become one of the first pieces of...

Open banking could make payment systems obsolete

Those who believe that ‘tap and go’ credit cards are the pinnacle of banking payment solutions are in for a big surprise. Chris Michael, a UK-based payments specialist and head of technology at Open Banking UK, says that developments in open banking APIs could render...

Why an independent, high-tech SARB is vital

Lower costs and better access to investment are fundamental for growth and jobs. Those advantages become reality when you apply the appropriate technologies. But technology can be risky and everyone prefers a stable hand to help guide the process. The South African...
Cryptocoins and their revolutionary architecture

Cryptocoins and their revolutionary architecture

Investment experts have often sceptically dismissed cryptocurrencies as excessively volatile. Technologists have described them as revolutionary. Who is correct? Will cryptocurrencies become a mainstream asset class? By Stéphane Monier, chief investment officer at...
Africa’s hottest payment trends

Africa’s hottest payment trends

Ever since the Lydians – the ancient civilisation in Western Asia that first used coin-based monetary systems in the 5th century BC – we’ve been creating payments infrastructure that connects buyers and sellers. By Sreekanth Kodumur, GM: banking and financial services...

Tap and go: yes or no?

Contactless card, or “tap and go”, payments are slowly gaining popularity as more banks and retailers adopt this method of payment. Shoppers with the technology-enabled cards are benefitting from the speed and convenience that contactless payments offer. However, with...