How Covid-19 is accelerating banking changes

By Kathy Gibson – The world of money and finance has changed rapidly with the spread of the novel coronavirus. Liao Yong, vice president of Huawei Southern Africa Region, told delegates to the Huawei Sub-Saharan Africa Financial Services Industry Online Summit...

New standards will boost IoT functionality

Enabling medical equipment to accurately record the time of diagnostic readings, making it easier to locate connected devices and speeding up the time it takes to develop new apps are just some of the new features to be unveiled as part of the fourth set of...

AI will separate banking winners from losers

Artificial intelligence (AI) will separate winning banks from losers, say 77% of banking executives surveyed during the Covid-19 pandemic. They believe Covid-19 will intensify the use of AI, making effective governance more urgent, according to an Economist...

SMBs face multiple pandemic challenges

Despite the challenges posed by the Covid-19 pandemic and lockdown, South Africa’s small and medium businesses (SMBs) are optimistic – but there is a long-term jobs crisis looming. These are among the findings from Facebook’s Global State of Small Business Report,...

Intel unveils new Thunderbolt specs

Intel has revealed new details about Thunderbolt 4, the next generation of its universal cable connectivity solution, delivering increased minimum performance requirements, expanded capabilities and USB4 specification compliance. For the first time, Thunderbolt 4 will...

New verification for TERS aims to curb fraud

In a bid to ensure the Unemployment Insurance Fund’s Covid-19 Temporary Employee Relief Scheme does not fall prey to criminal elements as has happened, new and more stringent controls to verify banking details have been introduced. As a result of these changes, the...

Twitter hack scores on bitcoin scam

A large-scale hack of Twitter accounts, typically those with millions of followers, is part of a bitcoin scam. The hacked accounts asked followers to send bitcoin currency to a cryptocurrency wallet, with the promise that the sender would double it. Many of them...