News

How to eliminate data breaches: an expensive and growing threat to business growth

By leveraging tokenization-as-a-service, the threat of internal and malicious actors is essentially removed.  With organisations now moving more aggressively into the digital sphere, data is becoming one of the most highly prized assets in the business equation. In its 2019 Pulse Survey, PricewaterhouseCoopers (PwC) found that consumer data is the most valuable for companies to […]

Why unlocking alternative data should be integral to credit models in the post-Covid19 economy

It’s no secret that South African banks and financial services providers draw on massive volumes of data to make decisions and provide targeted services to middle and upper income earners. When assessing individual credit applications, for example, banks will draw on highly detailed customer profiles and many years of data collection. However, in the midst […]

How tech-driven Partnership Marketing can fill the (imminent) Direct Marketing void in SA

Privacy-By-Design data sharing models are set to transform Partnership Marketing. In South Africa, direct marketing has traditionally played a dominant role in the business ecosystem – creating significant value for businesses across sectors. Indeed, direct marketing through electronic channels has proven to be both affordable and highly effective for businesses needing to reach new and […]

[ITWeb] SA’s top financial players invest in data privacy start-up

Omnisient, a Cape Town-based start-up that specialises in secure data-sharing for businesses, has landed pre-Series A funding from Nedbank Corporate Investment Banking (CIB), Investec and Compass Venture Capital. With the vision of democratising data, Omnisient’s intersect.ai platform enables businesses to unlock the benefits of data collaboration – while protecting customers’ data privacy and intellectual property. Since launch, the intersect.ai […]

[Disrupt Africa] SA data-sharing startup Omnisient raises pre-Series A funding round

South African secure data-sharing startup Omnisient has raised an undisclosed amount of pre-Series A funding to help it serve a rapidly growing market. A Cape Town-based Privacy-by-Design startup, Omnisient specialises in secure data-sharing for businesses. The startup’s intersect.ai platform enables businesses to unlock the benefits of data collaboration while protecting customers’ data privacy and intellectual property.  Since launch, the […]

Omnisient gets the backing of Nedbank, Investec & Compass Venture Capital

Wednesday, 4 March 2020 –  Omnisient, a Cape Town-based Privacy-by-Design startup that specialises in secure data sharing for businesses, has landed pre-Series A funding from Nedbank CIB, Investec and Compass Venture Capital. With the vision of democratising data, Omnisient’s intersect.ai platform enables businesses to unlock the transformative benefits of data collaboration – while protecting customers’ data […]