The South African Reserve Bank and industry regulators have warned the public not to use instant electronic funds transfer online payment services as a payment option.
As of 1 January 2021, Nedbank clients will no longer be able to use cheques as a payment option. In an announcement on Tuesday, the bank said this is because few clients make use of the service.
South African consumers regained some confidence in the economy in the third quarter after consumer confidence hit a 35-year low in the previous quarter, a survey showed on Monday.
To achieve unique results in the technology era, you can’t keep thinking about data the same old way. Instead, you need to consider the unique ways you can harness it to provide equally unique solutions to your clients. By FNB’s Mark Nasila.
First National Bank is launching Virtual Card, a digital card solution built into its smartphone app that it believes will make both online and physical payments significantly safer.
The Shoprite Group, which owns Shoprite and Checkers retail stores, is introducing the ability for customers to make payments using QR codes in an effort to fight the spread of the novel coronavirus.
Fintech is rapidly transforming the very essence of global financial services. Here are predictions for the financial services market for 2020 based on what we’ve observed globally and locally. By Dominique Collett.