Tag: bank
TymeBank reaches 10 million customers as it attracts record deposits for 2024
The bank now has almost R7 billion in customer deposits, making it the fastest growing bank in South Africa based on customer deposits.
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Sending money offshore? Here’s why your bank’s tech isn’t up to the task
By Harry Scherzer, CEO, FutureForex
South African banks love to promote their tech credentials. They’ll incorporate any awards they win for innovation or tech integration...
Selpal comes to town?
WITH seven years operations in Gauteng, Selpal - a financial technology solutions (fintech) company that operates specifically in townships and rural sectors of the...
Don’t break the bank this Festive season
With the festive season picking up steam, and the anticipation of a 13th annual paycheque, the National Credit Regulator (NCR) is urging consumers that...
Planned banking strike a warning for South Africa
The planned banking strike for Friday should be seen as a warning to South Africa that better planning is necessary to deal with the...
Standard Bank can’t deduct money from your account to settle debts anymore
Standard B ank has been prevented from deducting money from their customer's accounts to settle debts without their permission following last week’s High Court ruling...
Discovery slowly opens its bank ‘doors’
Discovery Bank will start accepting new clients from Monday, three months later than it had anticipated when it unveiled its banking proposition in November.
Discovery...
These 104 Standard Bank branches are closing
Standard Bank will close more than 100 branches and retrench hundreds of staff members as part of its efforts to digitise its retail and...
Capitec ranks highest in the customer satisfaction index for the 6th consecutive year
Capitec Bank has been announced as the bank with the highest customer satisfaction index in the annual release of the SA-csi report this morning. The bank...
BRICS New Development Bank to issue bonds in South Africa
The BRICS New Development Bank will issue bonds in South Africa and commercial paper in US dollars in the first half of 2019, the bank's President K.V. Kamathsaid on Wednesday.
"Most of...
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Why AI is both a risk and a priority defence tool
Cyber security in the age of AI is a key topic for the forthcoming ITWeb Security Summit, to be held in Cape Town and...