Top fintech stories this week – 24 March 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Nedbank, one of South Africa’s largest banks, is implementing a new syndicated lending system, Fusionbanking Loan IQ, supplied by Misys.
The big four retail and commercial banks in South Africa – Standard Bank, Absa/Barclays Africa, FirstRand and Nedbank – have been upping their games in information technology (IT) expenditure.
South Africa’s Nedbank has chosen Volante Technologies to help it revamp its payments message service using VolPay Foundation, which focuses on validating and processing payments. The move comes ahead of regulatory change next year, which will force all South African institutions to change the way they handle payments.
South Africa’s Nedbank has opened a bank branch powered entirely by renewable energy, a move that it claims is the first of its kind in Africa.
Goldman Sach’s total loan financing capital for MPOWER is $200 million dlvr.it/RBgkWD
Data breach leaves PayID’s customer details exposed dlvr.it/RBgg21
The letter also asks for “stronger industry collaboration” with TPPs dlvr.it/RBgcgG
The bank received 163 million transactions in less than nine months dlvr.it/RBgS3T
Paysafecard and G2 Esports extend collaboration dlvr.it/RBg7pJ
Tala raises $110m for expansion plans dlvr.it/RBg1V0
The initiative will target trading firms, hedge funds and cryptocurrency companies dlvr.it/RBfyJ3
NEFCU has more than $3 billion in assets dlvr.it/RBfvcW
