Platform banking is increasingly being seen as the antidote to the disjointedness and unwieldiness of legacy banking. By Anthony de Gray Birch.
The banking industry has released its annual crime statistics for 2020, and the figures for digital banking fraud are concerning.
Commonwealth Bank of Australia, the country’s largest lender, has accused Apple of uncompetitive behaviour over control of payments on its phones.
Jacques Celliers says the bank expects its corporate staff will return to offices over time to a level where around 40% are on campus on any given day.
Standard Bank Group’s goal of adding at least 10 million customers ahead of a 2025 deadline has set the stage for a tug-of-war over Africa’s wealthiest clients.
TymeBank is likely to break even in 2022. Discovery Bank, by contrast, is targeting breakeven in approximately three years’ time.
African Bank has appointed Unathi Mtya as group CIO with immediate effect. She was previously chief technology officer at Grindrod Bank.
Standard Bank Group is taking a big bet on the future of mobile payments in Africa, launching a platform called Unayo that takes direct aim at Kenya’s M-Pesa and other mobile payment solutions.
Standard Bank said on Wednesday that customers using its mobile banking app have been experiencing slow response times and intermittent problems when trying to log in.
Will banking meet the sorry fate of newspapers? With the tech industry creeping up on licensed deposit-taking institutions in India, it’s time to take the question seriously.