Top take outs from the 2023 Fintech Summit

Synthesis Head of Regulatory Products Luke Machowski and Synthesis Regtech Software Developer James Eckhart unlock the future of Fintech from the 2023 Fintech Summit.

Regulatory Reimagined

By Jake Shepherd In 2016, Absa, FNB, Nedbank and Standard Bank cut ties with Gupta-owned businesses and shut down their bank accounts. The government at the time accused the banks of collusion and tried to browbeat the banks to reverse their decisions. The banks did not budge and this moral courage to stand up for […]

Transparency through a new FinSurv Analytics Framework

I recently had the privilege to work on increasing the transparency of our txstream FinSurv solution. What came out of it is a simple analytics framework which we will be building into V3 of our product but also something that can be implemented using SQL, Excel and PowerQuery in the interim. I will be sharing the […]

How strategic is your reporting solution?

The Synthesis team developed txstreamFINSURV to give you, our clients, a truly strategic reporting solution.  Many of you have been feeling way too much heat for far too long and it might be time for you to take a step back and revisit your approach to regulatory reporting. You told us your requirements. We listened. […]

Once upon a time, there were clearing houses…

The payments industry is about to go through a mammoth change, a change that forever will associate the word “Tsunami” with “Disruptive Technology” in the minds of those impacted. Jobs will be lost and jobs will be made. Decade old companies will fall and new ones will be born. This change is “blockchain” and it […]

Tax free account reporting – IT3(s)

What are tax free accounts? In November 2014 the National Treasury published the draft Notice and Regulations required for tax free savings accounts. The implementation date of this product class is 1 March 2015 and the primary aim is to encourage South Africans to save. Tax free savings accounts allow for flexible contributions (i.e. no […]