South African banks see physical money remaining key to their business as almost a third of their customers aren’t ready to go cashless, according to a survey.
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African Bank will buy Ubank, potentially adding as many as 4.7 million retail customers and expanding its operations as it seeks to list on the JSE.
Standard Bank Group’s total IT spending, including staff costs, topped R10-billion in the first six months of 2022.
Artificial intelligence can allow financial services providers to make use of alternative data sources to assess creditworthiness. This could prove transformative.
Promoted | FNB is accelerating its efforts to help customers with meaningful financial and lifestyle solutions designed to improve their lives.
As IT systems outages go, this one was doozy. Capitec went offline for almost two days last week, infuriating its customers.
Promoted | FNB Connect, through its Service Provider Value added Services business, has extended its software vouchers to more business clients.
Promoted | FNB continues to recognise and reward its employees for pioneering innovations through its longstanding Innovators Programme.
Patrice Motsepe’s challenger digital bank, TymeBank, has appointed three senior executives, including a chief technology officer.
Absa is making a raft of changes to its top management position to refocus its strategy towards being more customer centric.