First National Bank has launched a new range of “lifestyle solutions” it says are designed to help and reward customers in areas beyond financial services.
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Absa has appointed long-serving executive Arrie Rautenbach as its new CEO, replacing Daniel Mminele, who resigned last year after clashing with the banking group’s board.
Investec recently launched Programmable Banking, a platform for software developers that aims to open the world of banking to the IT industry with more granularity.
Investec is open an application programming interface to allow clients access to banking and transactional data and to craft individualised services.
Absa-banked merchants can now accept card payments directly on their mobile phones, without the need for a point-of-sale terminal.
Branch International plans to become a pan-African digital bank as it sees a growth opportunity in online financial services on the continent.
Investec is seeking to more than double its private client base in the next three to four years, outpacing growth in a moribund economy.
Big changes are coming to South Africa’s payments industry that will shake up the financial services sector, according to BankservAfrica CEO Jan Pilbauer.
Nedbank will on 15 March withdraw banking services provided to AEEI, the investment company controlled by controversial businessman Iqbal Survé.
Absa Bank has joined the Hyperledger Foundation, an open, global ecosystem for enterprise blockchain technologies.