Banking will have to embed legacy channels within emerging technologies like AI and ML to spearhead contextual banking. Customers won’t accept anything less. By Mark Nasila.
Browsing: Banking
Customers can now use their virtual cards in Samsung Pay, Apple Pay, Garmin Pay and Fitbit Pay as well as in the bank’s own tap- and scan-to-pay solution.
Bank Zero account and transaction fees will also remain exactly the same next year, meaning they have been unchanged since the mutual bank went into beta last year.
Podcast | Banks that are unwilling to adapt their strategies for “the platform economy” could face dire consequences, says Standard Bank’s Jonathan Lamb.
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.