Your bot will see you now …

Your bot will see you now …

Next time you contact your insurer there is a good chance that you will be dealing with artificial intelligence (AI). Insurers are starting to use intelligent computers to give advice and speed up the process of buying insurance and paying claims. Virtual underwriters...
Are investment banks ready for blockchain?

Are investment banks ready for blockchain?

By Prashant Prakash – Two years ago, Accenture published a report on the potential impact of blockchain technology on the investment banking industry. Since then, interest in and funding for this type of financial technology (fintech) have grown exponentially....
Bitcoin and the question of tax

Bitcoin and the question of tax

Christopher Renwick, attorney at Tax Consulting SA, discusses some of the pressing issues surrounding the cryptocurrency. Although usually behind the global curve, South Africa seems to be keeping pace with the current bitcoin trend. This is positive, as we are living...
Fundamental fintech shift coming

Fundamental fintech shift coming

Far-reaching changes that govern Europe’s retail banking system will be implemented early this year – and the effects will be felt in South Africa. Several local banks that have branches in Europe will have to comply with a new European Union (EU) directive that is...

Insurtech shakes things up

Technological innovations have taken multiple industries by storm over the last few decades. However, insurance has often been pegged as a slightly more traditional industry. Enter insurtech, which is driving the new technologies increasingly underpinning insurance...
Unconscious queues, subconscious clues

Unconscious queues, subconscious clues

By Rob van der Westhuizen, Compuscan With almost 2000 malls in South Africa, around 100 000 consumers flock to malls weekly [1]. They stand in queues waiting to pay for groceries, televisions, clothing, the latest shoes, and a variety of other things they may or may...