AI + empathy: why financial advice’s future is human at heart
Momentum CEO Jeanette Marais says the future of scalable, effective financial advice lies in blending smart tech with emotional intelligence.
Fintech
FSCA discloses approach to regulating a rapidly changing financial sector
Unathi Kamlana says the Authority will support the integration of advanced technologies and strengthen frameworks for consumer protection, cyber resilience, and financial inclusion.
FSCA eyes DeFi: testing the waters for smarter crypto regulation
As South Africa’s decentralised finance market gains traction, the FSCA is exploring ways to balance innovation with consumer protection.
Nethengwe to lead OM Bank as launch draws near
With regulatory approval secured, Old Mutual Bank is set to debut later this year, offering a digital-first banking experience tailored for South Africa’s mass market.
Access Bank and Sava aim to transform small-business banking in SA
Sava, a fintech startup backed by Access Bank South Africa, has received regulatory approval to launch a digital banking platform tailored to SMEs.
Forged IDs fuel 50% of global fraud as South Africa sees 300%-plus surge in 2024
The surge in fraud underscores the urgent need for stringent compliance measures to protect clients and maintain trust amid rising threats.
Is the FSCA preparing for auto-enrolment to expand retirement coverage?
After years of stalled progress, the FSCA’s recent comments suggest National Treasury may renew its push for auto-enrolment.
MTI liquidation: a global effort to recover crypto funds from a Ponzi scheme
Leveraging the Model Law on Cross-Border Insolvency, the liquidators co-ordinated with courts in the US, UK, and Australia, setting a precedent for future international crypto claims.
Are South Africans ready for the digital payment revolution?
The South African Reserve Bank’s inaugural Payments Study Report provides extensive insights into how the public perceives and uses various payment methods and instruments.
FSCA Commissioner highlights balance between innovation and regulation
FSCA Commissioner Unathi Kamlana underscores the importance of balancing the costs and benefits of regulation to foster innovation and protect consumers.
Acquisition of OUTvest paves the way for ‘digital disruption’, Alexforbes says
While the saying ‘build it and they will come’ may not always hold true for fintech start-ups, Alexforbes is aiming to make a difference by bringing its significant reach to bear.
Insurtech founder shares the skinny on getting ahead in a competitive market
Local insurtech startup shows how it’s done in the face of a significant decline in global venture capital funding.
Naspers, Sanlam Private Equity make fintech investments
Naspers and Sanlam Private Equity (SPE) have invested in fintech firms recently, with Naspers Foundry investing R40 million in financial advice platform LifeCheq and SPE acquiring a controlling interest in payment solutions provider […]
What does 2021 hold for Fintech?
“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 […]
Non-traditional data – Impact on the provision of financial services in South Africa
At the end of November 2020, the Financial Sector Conduct Authority (FSCA) published a research report on the impact of Non-traditional (Alternative) Data on the provision of financial services in South Africa. “Alternative […]
Fintech Vision for South Africa – Progress update and Covid-19 impact
Earlier this year, the Intergovernmental Fintech Working Group (IFWG) Innovation Hub was launched to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the […]
Fintech Vision for South Africa – Progress update and Covid-19 impact
Earlier this year, the Intergovernmental Fintech Working Group (IFWG) Innovation Hub was launched to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the […]
