Tag Archives: Financial Services
South African consumers are becoming increasingly dependent on their mobile devices for daily banking activities. As such, there is pressure on financial service providers to adapt quickly to a mobile-first environment. Looming large among the challenges that these providers will face in transitioning to mobile is the issue of security, particularly given the growing sophistication of phishing attacks and fraud. But investing in a mobile security solution need not be a grudge purchase. The right security architecture can also be a powerful enabler – an important step towards differentiating your financial service brand.
‘Mobile money’ used to be a catch-all phrase, describing everything from consumer wallets to building agent networks, lending, and international remittances.
New research from Innotribe examines the inner workings of innovation within financial institutions, revealing the essentials for high performing innovation teams
As a result of their unique blend of trail-blazing technology and disruptive innovation, FinTech players have the ability to accelerate the digital transformation of financial services in Africa and, in turn, spur existing banks to rapidly ramp up their own innovative approaches to meet the financial needs of under-served markets across the continent.