FICO, the leading provider of analytics and decision management technology, today announced that South African credit grantors are increasingly adopting decision modelling and optimization analytics to improve their credit strategies. In the past few months, FICO has signed three new clients – all leading retailers and banks – to its list of South African clients using the most advanced analytics to develop strategies that outperform the market.

Paybefore has selected DrawCard’s Santam Insurance Claims Card as a 2012 Paybefore Awards winner in two categories - the Best Emergency/Insurance/Non-Government Benefits Prepaid Program as well as the Best Non-U.S.-Based Prepaid Program. Paybefore Awards, now in its sixth year, is the most prestigious recognition of excellence in the worldwide prepaid and stored value card industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for the global prepaid community.

It has been thirteen years since South African home-grown company, ATM Solutions, opened its doors with the aim to bring fully serviced, conveniently located and reliable ATMs to more areas in the country. Committed to achieving its goal of bringing banking to the people, Africa’s leading independent deployer and operator of ATMs today celebrated the opening of its 7th branch, which has been up and running since November last year and is situated in Witbank in the Mpumalanga region.

Paycorp Holdings, a leading Southern African payments company, is one of the first in the financial services industry to achieve PCI compliance. Paycorp Holdings and its three subsidiaries: ATM Solutions; DrawCard and EFTPOS share a common platform which is connected with the majority of Southern African banks and is active across all major payment streams. As a VISA third party processor and SARB authorised South African System Operator, adherence to and compliance with the requirements of PCI’s Data Security Standard (DSS) ensures that Paycorp Holdings remains a credible and preferred third party processor.

ATM Solutions announced today that Mercantile Bank has extended its initial five year ATM sponsoring agreement with a further five years. “It therefore gives us great pleasure to announce that we will continue to operate and deploy a number of Mercantile sponsored ATMs across South Africa on their behalf,” says Wayne Abramson, CEO of ATM Solutions - the first and largest independent deployer and operator of ATMs in Africa.

DrawCard, who was short-listed as a finalist in 4 categories at the 2011 Global Prepaid Awards, won the “Best Corporate Prepaid Card Award” at a prestigious ceremony held at the Royal Courts of Justice in London on Thursday 6 October.

DrawCard, a pioneer of prepaid cards in South Africa, has been selected as a finalist in four categories that form part of this year’s Global Prepaid Awards to be held on 6 October at the Royal Courts of Justice in London. This is the highest number of nominations assigned to any one of the finalists that made the list.

Bank Windhoek, a leading bank in Namibia, extended its initial five year ATM sponsoring agreement with ATM Solutions Namibia (Pty) Ltd for a further three years. “In a world where cash is king and safety and convenience of paramount importance, strategically placed ATMs maximise the consumer’s banking experience. We are therefore pleased to continue to assist Bank Windhoek in making banking more accessible and affordable by operating and deploying Bank Windhoek Cash Express ATMs throughout Namibia,” says Wayne Abramson, CEO of ATM Solutions - the first and largest independent provider of ATMs in Africa.

ATM Solutions announced today that the company will be deploying Bank Windhoek’s 200th ATM in June this year – a mere five years after ATM Solutions installed Bank Windhoek’s first cash express ATM in August 2006.

ATM Solutions is proud to announce that the company has renewed its membership application with Proudly South African. This will be the company’s seventh year to participate in this ‘buy local’ campaign, launched by government and constituencies represented in the National Economic Development and Labour Council (Nedlac) in 2001 to boost job creation and promote confidence in South African companies with ‘home-grown’ products and services.

Bayport Securitisation (Pty) Ltd (BaySec), is pleased to announce that it has successfully listed a ZAR4.4bn asset-backed note programme on the Interest Rate Market of the Johannesburg Stock Exchange (JSE).

Mendix, the agile application platform company, has appointed PIC Solutions as their new channel partner and reseller in South Africa. PIC Solutions will utilise the Mendix platform to strengthen their offering to the consumer credit market.

ATM Solutions has announced that the company has decided to become a member of SABRIC (South African Banking Risk Information Centre) as from May 2011.

South African banking leader will use FICO analytic tool to standardize creation of predictive analytics for managing risk and Basel compliance

Transaction Capital has recently been awarded a Level Four BEE rating from the National Empowerment Rating Agency (NERA).  This was the result of Group-wide transformation initiatives to ensure that all of Transaction Capital’s subsidiaries receive and improve their Black Economic Empowerment Ratings.

ATM Solutions has taken a pro-active approach to ATM (automated teller machine) problem shooting and solving as part of their strategy to maintain superior service levels at all times.

ATM Solutions has recruited five learners for the 2010/2011 fiscal year. The learners, who have completed their theoretical training since their intake in August this year, will now gain on-the-job training and experience in their selected fields.

A review of the financial year to September 2010 by Eddy Shapiro, commercial executive of Transaction Capital.

ABSA and ATM Solutions signed on the dotted line yet again. The Bank extended its seven-year relationship with ATM Solutions by a further five years.  ATM Solutions is the largest independent deployer and operator of ATMs in Africa. “ATM Solutions has played a pivotal role in the expansion of ABSA branded ATMs accross South Africa. The alliance has enhanced our service offering and helped us to achieve corporate responsibility objectives such as bringing safe and affordable banking to remote rural areas. ...

The BPeSA Western Cape Learnership Programme has been in existence since 2004 providing call centre training to learners in the province. According to BPeSA Western Cape Talent Development Project Manager Noha Essop, every year thousands of learners finish matric, but are unable to study further. “Learners with just a basic matric struggle to find work when they leave school. BPeSA western Cape wants to fill that gap and provide long term job opportunities in an exciting and dynamic industry.” Siviwe...

Thousands of South Africans are inconvenienced every day because stringent payment methods at key government departments apply. Alleviate this frustration and ensure a hassle-free customer experience by installing a secure and reliable ATM on site that can generate revenue for your department in return. “Our tailor-made branding solutions on ATM screens make our ATMs a vital communication and advertising tool while our attractive rebate packages could secure an additional stream of income for participating...

As the largest independent ATM deployer in Africa, ATM Solutions, who deploys ATMs with eight southern African banks, invested approximately R60-million to upgrade its ATM network to meet full Chip and PIN (EMV) standards for the period October 2008 to September 2009. Hence, 43% of all off-premise ATMs in South Africa were upgraded to comply with local and international EMV standards over a record period of approximately one year. This makes ATM Solutions one of the first independent ATM providers to successfully...

Fin24 : Lamberti backs microlender

Read the article here: http://www.fin24.com/articles/default/display_article.aspx?Channel=News_Home&ArticleId=1518-24_2577848&IsColumnistStory=False

Author:   Mark Ashton - Fin24

At the end of July 2009 SA Taxi Finance (“SA Taxi”) made a commitment of R20 million to ensure that those taxis which have been financed by SA Taxi and are converted panel vans, will be inspected, made structurally compliant and returned to the roads to safely continue servicing the needs of commuters. SA Taxi is pleased to show that progress has been made on resolving the issue of legalising converted panel vans as TRP compliant vehicles and SA Taxi is particularly pleased with the announcement by the Deputy...

The Board of Directors of PIC Solutions announced that Ian Read has joins the Board as Director effective 16 February, 2010. Ian Read joined PIC Solutions in December 2006 as "Executive Vice President - General Manager" charged with the responsibility of developing the Middle East Africa region. Read has an exceptional background in the credit risk and management industry spanning over 25 years. For the initial decade of his career, Read gained experience in both retail and commercial lending practices...

The following article appeared in the Business Day on 18 February 2010.

Click here for the link: http://www.mbdcreditsolutions.co.za/LinkClick.aspx?fileticket=JWoVrRtDAe8%3d&tabid=80

Author: Business Day

PIC Solutions will provide Edcon with a complete range of risk management services under the renewal of a three-year outsource contract. These services, tailored to optimise the risk management of Edcon’s credit portfolio, include new business management, existing portfolio management, model usage, tracking and analysis, forecasting and reporting, and ICT technology application and updates. As Africa’s largest fashion retail group, Edcon’s focus on growing their business through measured lending expansion...

THE National Union of Metalworkers of SA (Numsa) yesterday called on the government and Human Settlements Minister Tokyo Sexwale to protect low-income earners from the "brutal" repossession of their houses by banks. Since the recession, thousands of houses had been repossessed, displacing millions of workers into destitution and homelessness, Numsa said in a statement issued on the eve of the anniversary of the death 15 years ago of democratic SA's first housing minister, Joe Slovo. Numsa said it was appealing...

THE PERCENTAGE of consumers in good credit standing had continued to decrease, the National Credit Regulator (NCR) said yesterday. This followed its monitoring of registered credit bureaus and the quality of their data. As at the end of June, credit bureaus had records for 17.79 million credit-active consumers, the NCR said. According to these records the percentage of consumers in good standing stood at 55.9 percent, a decrease of 1.7 percentage points when compared with the quarter to March and 4.5...

THE FESTIVE season is known as an opportunity for spending some quality time with the family - but it is also known for taking more cash out of your pocket than an ex-spouse after a messy divorce. In these tough economic times, businesses especially feel the brunt as consumers are more cautious about spending. So how do you, as a business, change your approach to sales? “The key is in knowing how to market your product for a more specific clientele,” said PlC Solutions director Simon Trupp. PIC solutions...

Extending access to southern Africa’s financial services is not only the domain of banks. Other players have successfully entered this market, such as ATM Solutions Group, a leader in the field of ATMs, electronic payments and transaction processing. Its flagship subsidiary, ATM Solutions, has been in the industry for 10 years as a formidable player in southern Africa’s banking technology space, deploying almost 4 000 off-premise ATMs. Other Group subsidiaries include DrawCard – a Visa- certified third-party...

Many individuals are cautious when it comes to investing in property, but the reality is that if you understand the market and know what to look out for, investing in property can be straightforward and very rewarding. Alliance Group has always taken great pride in creating wealth for its clients, which is why it is constantly offering new initiatives and product services to ensure that all its clients’ needs are met. When it comes to investing in property, Alliance Group is at the forefront of providing professional service. Comments Rael Levitt, CEO of Alliance Group: "Due to our vast experience we’ve become skilled at identifying the value in a given asset and monetising that through disposition, acquisition or financing."...

The Nashua Mobile Visa gift card is used as an incentive for customers to purchase a cellphone contract with Nashua Mobile, and to encourage existing customers to renew their contract through Nashua Mobile. The Nashua Mobile Visa gift card is distributed through Nashua Mobile outlets and replaces the conventional “value” items that have been traditionally distributed with cellphone contracts, such as DVD players, digital cameras, paper vouchers etc. The Nashua Mobile Visa gift card provides great brand awareness...

DrawCard has launched SA’s first-ever Estate Agent’s Visa Commissions Card. This innovative incentive card is used to reward estate agents for business referrals, and is the smart alternative to paying agents by cash, cheque or EFT. The card can be used at any point of sale or ATM in the country, thus giving the agent flexibility as to how to spend their hard-earned cash.The Betterbond Visa Commissions Card provides numerous benefits to Betterbond including corporate branding, payment efficiencies and cost savings....

Mark J. Lamberti, founder of Massmart, has endowed university chairs and his family fund helps kids get tertiary education, says Nicola Mawson.

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It's your life... says CEO Mark J. Lamberti

Capital Ideas - Issue One.
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Presenter: Taxi commuters continue to risk their lives by having to be ferried in unsafe taxis - taxis that do not meet the government safety standard. It is reported that 4 000 illegally converted taxis were operating on South African roads and some may have been used to transport FIFA Confederations Cup fans to stadiums last month despite their questionable safety standards. On Monday we spoke to acting CEO of the National Regulator for Compulsory Specifications, Moses Moeletsi. And he told us that his organisation...

Pretoria News 11 August 2009 Pretoria News 11 August 2009 The Tshwane Metro Police have heeded the call by the national Department of Transport to clamp down on converted panel vans illegally being used as taxis. Last week the department called on provincial and municipal authorities to be on the lookout for the 1 070 or so vehicles it had identified as being converted. In the market, panel vans are about R45 000 cheaper than taxis. Dealers buy these vehicles, convert them into taxis and then sell them to operators at the same price as a standard specification taxi to cream off large profits....