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Banking & Finance

Consider the security implications for payroll when adopting cloud solutions

The recent launch of two multinational data centres in South Africa has placed renewed focus on the benefits that the cloud can provide businesses. Ian McAlister, General Manager of HR at payroll specialists CRS Technologies South Africa, believes that when it comes to sensitive payroll data, there are caveats to be aware of when migrating […]


Decision Inc to highlight real-time innovation at Saphila 2019

Decision Inc is to sponsor the upcoming Saphila 2019 conference taking place at Sun City, South Africa, from June 10 to 11. The biennial event for SAP users to connect, create and collaborate will see Decision Inc showcasing its expertise in data analytics and financial planning, highlighting best-practice examples, and discuss the next-generation real-time planning […]


CIB deploys SAS enterprise risk and anti-money laundering platforms

A leading Egyptian bank has implemented enterprise risk and anti-money laundering platforms from SAS to streamline risk management processes and adhere to both local regulations and global standards regarding advanced analytical monitoring and reporting. Commercial International Bank – Egypt (CIB), one of the largest private sector banks in Egypt, has collaborated with SAS, a leader […]


Customers talk about using the Community Tablet platform

The Community Tablet is a digital platform transported around rural African communities in partnership with NGOs and organisations such as World Bank to educate on topics including immunisation, financial awareness and how to prevent disease spreading. It was created by Mozambican entrepreneur Dayn Amade who identified some of the ways NGOs could improve their approach […]


How digital assistants will change the way finance works

Sarah George, ERP/EPM Cloud Applications Business Development Manager and Product Leader at Oracle, looks at the role digital assistants play. How many times have you visited a company’s web site, only to be greeted by a small pop-up window asking, ‘How can I help?’ Such a greeting is becoming more and more common. Often, it’s […]


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 […]


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