African Bank has appointed Unathi Mtya as group CIO with immediate effect. She was previously chief technology officer at Grindrod Bank.
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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.
In a virtual strategy update event on Friday, Standard Bank Group revealed that it plans to cut head office and branch space by as much as a quarter by 2025.
Standard Bank will within years transform into a marketplace where clients can also access rivals’ products and a variety of services beyond just banking, it said on Friday.
Mastercard is phasing out cards with magnetic stripes, more than six decades after the technology was first introduced, as consumers adopt chip- and tap-based payments in increasing numbers.
South Africa’s newest bank, Bank Zero, is now accepting new customers following a closed roll-out phase. Applications will be “throttled” to ensure that the bank’s seamless onboarding experience is not overwhelmed.
First National Bank has finally launched supported for Apple Pay in South Africa, the financial services institution said on Tuesday.
First National Bank is deploying mobile ATMs in parts of KwaZulu-Natal and Gauteng hit by recent large-scale looting as a temporary measure while it rebuilds infrastructure destroyed in the riots.