It’s been a year since the country went into lockdown. From a business perspective, client engagement and retention have been key to continuity. Technology, and more specifically digital technology, played a major role enabling the nexus between FSP, advisor and client. To get a better understanding of where digitisation is taking us, we’ve prepared a […]
A recent study indicates that South Africa has emerged as one of the countries that would embrace fully remote work, with 44 percent saying they want to work fully remotely compared to a global average of 24 percent. What risks does this contain for employers? The Institute of Risk Management (IRMSA) points out the following […]
As a financial advisor, it is key that you utilise social media as a part of your overall marketing strategy. It not only boosts your engagement with clients, but gives people access to your content and increases your leads. However, success in the social media space does not happen overnight. While it’s great to increase […]
A recent phenomenon on the popular social media platform, TikTok, called ‘Fintok’ is causing concern that viewers could be vulnerable to financial misinformation. Many of these videos come across as “get-rich-quick” schemes – showing off cars, big houses or private islands. They also share financial advice nuggets, or promote buying certain stocks with catchy titles […]
One year since the country entered lockdown, digital payments have become the norm for convenient and safe transactions. Illustrating this trend, online payment gateway PayFast saw a 412% increase in payments made using QR codes between 01 March 2020 and 28 February 2021. Some of the fastest new growth industries include online alcohol sales, bakeries […]
“The world has been significantly disrupted by the Covid-19 Pandemic which has set the us firmly on the path of no return. Consumerism has shifted to online channels to practice safer shopping. Holidays and special occasions such as Black Friday, Christmas, and Valentine’s day saw significant online traffic in 2020 and 2021. Statistics show that […]
The Southern African Fraud Prevention Service (SAFPS) has warned consumers to be vigilant against rampant fraud, especially impersonations, which have increased by more than 300% as desperate criminals seek to defraud their victims in a tough economic climate. “We are really reaching a critical point when it comes to the economy and the extreme measures […]
This original article appeared a couple of years ago in Standard Bank’s Biz Connect online publication. We’ve seen a number of changes to our working and social environments since then. Furthermore, there has been a High Court case that dealt specifically with the legality and enforceability of scanned signatures when used to sign certain contracts. […]
I don’t have many followers on social media. Am I doing something wrong? Should I just close my account? The number of followers that financial advisers have is not a reflection of how likely they are to attract prospects from social media marketing. According to many social media experts in the financial service space, the […]
“Each year, at AlphaCode, we use our vantage point of the fintech landscape to share what we expect this year. We had no idea last January that a whole new world awaited. One that would include global lockdowns, Zoombombing, covidiots, closed borders and quarantining,” Dominique Collett, head of AlphaCode, Rand Merchant Investments’ fintech division mentions […]
