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Banking & Finance

Ethiopian bank modernises operations, paving the way for a digital future

A leading bank in Ethiopia has digitally innovated its business thanks to the help of VMware. The Bank of Abyssinia (BOA) needed to scale and improve both its production and disaster recovery environments, and be a more digitally inclusive business, but was inhibited by exorbitant costs of new equipment and long delivery cycles. Established in […]


Deloitte and ServiceNow announce new strategic agreement

Deloitte and ServiceNow, a leading enterprise cloud-based provider of digital workflows, have signed a new strategic agreement to accelerate organisations’ enterprise Digital Transformation. Announced at ServiceNow’s Knowledge 2019 conference in Las Vegas, Deloitte and ServiceNow plan to jointly develop, coordinate and bring to market new products, assets and solutions built on the Now Platform to help […]


Pure Storage offers expanded Storage-as-a-Service subscription across hybrid cloud environments

Pure Storage, the data solutions leader that helps innovators build a better world with data, has announced the expansion of its Evergreen Storage Service (ES2) to provide customers with a unified subscription model across hybrid environments. This allows organisations to leverage Pure’s best-in-class storage-as-a-service model on-premises, hosted and in the cloud, without the need to […]


AfrAsia Bank increases HR efficiency up to 75%

AfrAsia Bank, headquartered in Mauritius with a representative office in South Africa, has chosen Oracle Human Capital Management (HCM) Cloud Application to deliver an exceptional employee experience, retain best talent and be recognised as an employer of choice. Under this implementation, the bank created a single point of truth for its 400 employees providing more […]


Standard Bank moves business to cloud with Moody’s Analytics

Moody’s Analytics, a global provider of financial intelligence, has announced that Johannesburg-based Standard Bank Group has selected the Moody’s Analytics CreditLens solution to digitise and automate its credit processes. Built on the latest cloud-based technology, the CreditLens platform helps financial institutions digitally transform their commercial credit processes to make faster and better-informed credit decisions. Standard Bank […]


Trend Micro expert on the tactics used by cybercriminals to rob banks

In the early 1980s, South Africans were gripped by tales of the most infamous bank robbery gangs the country had ever known – The Stander Gang. The gang would boldly walk into banks, brandishing weapons, demand cash and simply disappear. These days, a criminal doesn’t even have to be in the same country as the […]


Number of users attacked by banking Trojans grew by 16%

In 2018, 889,452 users of Kaspersky Lab solutions were attacked by banking Trojans, an increase of 15.9% compared to 2017, when over 767,000 users were hit. The growth partially occurred due increased activities of only one banker, according to an analysis of the financial threat landscape. Attacks with banking Trojans or ‘bankers’ are among the […]


SBV Services stops millions of attacks thanks to Trend Micro

SBV Services stops millions of attacks while protecting cash in transit, employees, and data with Trend Micro. Overview SBV Services is a leading provider of customised cash services and solutions to reserve and commercial banks, ATMs, and retail environments. Founded in South Africa in 1986, SBV recently expanded its footprint into other African countries and is […]


Kenyan investment bank migrates 100% to the cloud in one day

When Genghis Capital, a leading investment bank in Kenya, took the decision to modernise its technology organisation, it opted to think out of the box. Part of a strategic new direction, the bank wanted to explore the digital and productivity freedom the cloud could offer and move away from archaic systems that were proving to […]


Forcepoint expert on resolving disruptions in the financial industry

Gregg Brans, from Forcepoint SA, looks as how to resolve potential disruptions in the financial industry.  In the current digital era, customers regularly share their personal information with organisations and as a result, expect companies to safeguard their personal data as prime priority. This has never been more apparent than with financial institutions, as customers […]


Industry experts comment on Collection #1 data breach

Industry experts have been providing comments on the Collection #1 data breach – the largest ever database of breached login details leaked on the Dark Web. Details of the breach were outlined by cybersecurity expert Troy Hunt, a Microsoft Regional Director, in his blog. Collection #1 is a set of email addresses and passwordsmade up of a […]


Fintech start-up SOL Wallet announces its launch in South Africa

Fintech start-up SOL Wallet has announced its launch in South Africa. The company develops a bank-like money management platform for retail customers, where anyone can deposit, save, invest, make payments and manage their expenses via mobile and web apps. SOL Wallet allows users to register and create multi-currency accounts online, buy and sell currencies at interbank rates, […]


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