Banking

National Payment System Act Review and why you should comment

In 2014 National Treasury issued an instruction prohibition by national and provincial public entities from making payments via the internet due to the risk associated with such transactions. [1] In 2019, however, it seems that National Treasury (“NT”) has had a change of heart and are revaluating its existing payments regulatory framework.  On 5 December 2018, National Treasury and the [...]

By | 8th February, 2019|AI, Cybersecurity, Data Protection, IP Law, IT Law, Labour law, Media Law, PPM Attorneys|

Shouldn’t the SA Post Office be using #FinTech to reduce the cost of paying SASSA grants?

The South African Social Security Agency (SASSA) provides grants to the elderly, disabled and certain children. Grant beneficiaries receive money through a bank or cash payment.[1] Beneficiaries are compelled to receive their grant payments in these archaic and inconvenient ways. These methods involve beneficiaries having to travel to a physical location. This means time, effort, expense and potential loss by [...]

By | 5th February, 2018|PPM Attorneys|