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Ricoh SA digitalises Compass Insurance’s payment processing using DocuWare

15 September 2016 | General

Compass Insurance, now has a payments processing environment that is digitalised and automated, with time-based escalations and audit trails, and linked to a departmental viewing screen that allows management to rapidly assess processing by technical accountants after Ricoh SA implemented DocuWare for the business.

International banking trends and their potential application and impact on the South African banking sector

14 September 2016 | General

The continuous evolution of technology is affecting business disruption on a global scale. Not only are countless new ways to interact and transact being developed every day, but the spaces typically reserved for traditional players who conform to a specific criterion are opening up to new, innovative and atypical players. This is especially evident in the banking sector, where technology trends are impacting traditional banking methods, redefining who the financial service providers are, and leading us towards an era of entirely virtual banking.

The impact of Blockchain on the insurance industry

06 September 2016 | General

The media has been teeming with articles about how technology will impact the financial services industry. The issue for those within the industry though is that precious few of these articles make actual reference to how and what will affect the industry.

|Is blockchain really a silver bullet?

06 September 2016 | General

Blockchain is being spoken of reverently – and irreverently – by business pundits, and backed by media and industry leaders as a potential cure for all financial threats/hurdles across the globe. A blockchain has been promoted extensively as the latest ‘must-have’ technology for financial and related institutions. However, because of its historical connection to the cryptocurrency, Bitcoin, it has been sceptically scrutinised for use in business transactions due to the assumption that they are one and the same. The good news, however, is that the needed separation of the currency from the technology has evolved. A late 2015 report titled state of bitcoin and blockchain, by Skry (formerly Coinalytics) indicates that the focus has shifted gradually away from bitcoin towards the blockchain, clearly separating the two technologies.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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