The Financial Intelligence Centre Act introduced a regime of enormous cost, derisory efficacy and significant collateral damage.
Browsing: Banking
FNB has entered into a partnership with fintech start-up VezoPay, the company behind South Africa’s first smart payment ring.
Absa has partnered with Ripple to offer institutional-grade digital asset custody to institutional clients in South Africa.
Absa has told TechCentral in an exclusive interview that it is readying the launch of a mobile virtual network operator.
Capitec’s fintech bet pays off as mobile and value-added services now deliver over a quarter of bank revenue.
Discovery Bank is betting on artificial intelligence, data and payments technology as it expands its customer base.
Absa is doubling down on its cloud strategy as the bank adopts new technologies like AI.
Banks should review their pricing strategies for PayShap transactions, Standard Bank has said.
With one notable exception, IT spend in South Africa’s banking sector has remained relatively stable.
Powerful digital tools and decreased physical risk have led to a decrease in robberies, while hacking surges.