Browsing: Digital banking

The South African financial services sector is currently navigating its most significant structural transformation since the dawn of digital banking.…

Lesaka Technologies (Nasdaq: LSAK; JSE: LSK) has announced a definitive agreement to acquire 100% of Bank Zero, a South African…

Angry FNB customers took to the social media platform X on Friday to express their frustration over the banking mobile…

As South Africa’s banks reduce ATMs due to increased digital banking adoption, high operational costs, and security concerns, the Shoprite…

Capitec’s robust financial performance for the year ending February 2024 was fueled by the expansion of digital transactions and customer…

An increasing number of South Africans are embracing PayShap, South Africa’s first interbank, interoperable, real-time payments service, which experienced strong…

While it’s unlikely that the Conduct of Financial Institutions (COFI) Bill will be tabled before Parliament rises ahead of the…

Absa announced today that it had 3.5 million digitally active customers in the six months to end-June 2023. The company,…

From disorder arises order and this was proven after the initial chaos caused by the Coronavirus in the early months…

MpiloTech, a fast-growing, medium-sized, specialist software development company, has added two new executive roles as it gears up for expanding…

Nedbank, one of South Africa’s largest banks, says it had more than 2.6 million digitally active customers at the end…

Retail banking in South Africa is increasingly competitive, with fintechs, neobanks and digital players disrupting the banking value chain with…

TymeBank and JSE-listed retailer TFG have established a co-branded TymeBank TFG Money account debit card, which has attracted 180 000…

Neobanking is set to boom in South Africa, with nearly a quarter (24%) of South African internet users expected to…

The Shoprite Group’s Money Market Account, which previously only enabled customers to deposit funds to pay for utilities and buy…

Standard Bank decided to migrate its on-premise Atlassian toolset onto the AWS infrastructure and partnered with Synthesis to ensure best…

Capitec, South Africa’s largest digital bank, is taking a hybrid approach that combines digital banking with traditional branches. They serve…

When the pandemic first hit African economies in 2020, executives across the continent knew that banking would never be the…

Absa has taken its latest step towards expanding its ever-growing digital payments universe with the launch of QR Payments. “With…

Discovery Bank, which operates a shared-value banking model, today brings its customers Apple Pay, a safer, more secure and private…

Discovery Bank today released a special report which shows South Africans take up to 29 years to change their bank…

According to the World Bank, international remittances have declined by an estimated 20% worldwide. Compounded by job losses across sectors,…

Capitec Bank revealed on Wednesday it has attracted more than 1.1 million new customers on its banking app. According to…

Shoprite’s new transactional Money Market Account enables private and public sector businesses and institutions to make safe bulk mobile payments to thousands…

Digital transformation is forcing banks to change their business models and adapt to the new market reality. The evolution of…