Nedbank has cut the amount of office space it utilises across South Africa and the rest of the SADC (Southern African Development Community) region by more than half since 2016 as it moves to ‘consolidate’ and ‘standardise’ its own buildings. In all, its corporate real estate floor space has reduced from 381 000m² in 2016 to...
Day: <span>7 August 2024</span>
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Manchester United venture into Web 3.0 fantasy soccer game and NFTs
Premier League giants Manchester United have launched an official non-fungible token (NFT) based fantasy soccer game. Manchester United are reluctant to be first movers when it comes to digital innovation. Instead, they prefer for others to establish best practices for them to follow, allowing the club to achieve the best possible outcomes. While NFTs remain a controversial...
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Keeping the lights on: Is it Ethical to Pay after a Ransomware attack?
When an organisation is held hostage by ransomware, should it pay the fee to keep on operating or is this just emboldening cybercrime? Globally, ransomware attacks are on the rise, affecting businesses and organisations around the world. The main causes of these attacks are compromised credentials and malicious email, and many victims choose to pay...
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POS versus POS: Selecting the right solution is far more complex than chasing the cheapest
A point of sale, commonly referred to as POS, is a vital cornerstone of any retail business, regardless of whether it sells products or services. However, a misunderstanding of the definition of POS sees many small and medium-sized retailers fall into the trap of buying a payment acceptance terminal as opposed to investing in a...
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Prudential Authority fined Sasfin Group R210 million for Non compliance
Financial services group Sasfin received a fine of close to R210 million from the Prudential Authority, a division of the South African Reserve Bank. Sasfin has taken legal advice, though, and is considering further representations that could result in a review or appeal of the sanctions, it said in a statement. The company says the...