Hoping to rival the JSE, newly licensed ZAR X will launch on 1 September with real-time settlement, it said on Wednesday. The announcement comes just days after the
Author: Hanna Ziady
Blockchain technology could swallow as much as 40% of global banking revenue by overtaking the verification of payment transactions, according to Farzam Ehsani, leader of Rand Merchant Bank’s blockchain initiative, who believes that in the future we
Nearly half of the ways to earn eBucks will soon be by saving and investing, a sneak peek of First National Bank’s annual changes to its rewards programme, due to come into effect on 1 July, reveal. eBucks is a programme that rewards customers
Standard Bank said on Monday that its South African banking operations have been the “victim of a sophisticated, co-ordinated fraud incident” that have cost it an estimated R300m. Standard Bank said on Monday that its South African
The approach that South African lawmakers take to regulating Internet businesses could make or break the growth of the country’s digital economy, a report from Fifth Era, a Silicon Valley-based
Lorien Gamaroff, the founder and CEO of Bankymoon, believes that virtual currencies and blockchain technology are the “Internet of the next generation”, with potential to disintermediate banks, clearing houses and central securities depositories. Akin to how
The next time a call centre agent tells you they got your number from the “national consumer database”, ask to speak to their manager. Aside from the fact that no such list exists, the Protection of Personal Information Act
GroTech, a fund with an appetite for high growth, disruptive technology companies, is betting on the fact that Goliaths just aren’t that good at innovating. It would rather back the Davids that can do it
Michael Bowren and Chris Ball have taken on a mammoth task. They’re building an online platform to enable consumers to compare financial products – including bank accounts, loans and credit cards – offered by South Africa’s lenders. Having recognised that many South