Nedbank has launched a “lite” version of its smartphone banking application. Called Money App Lite, it’s a streamlined version for Android devices.
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The labour court of South Africa blocked a planned strike by banking workers on Friday, ruling that labour unions failed to comply with rules allowing demonstrations.
Nedbank has partnered with Microsoft to migrate components of its IT infrastructure into the cloud, the financial services company said on Monday.
Two Gugulethu-based entrepreneurs who accused Nedbank of stealing their patented card-blocking invention have issued a new summons against the bank in the high court in Johannesburg.
First National Bank is introducing sweeping changes to its eBucks Rewards programme for business from 1 September, it said on Thursday.
Nedbank Group is in talks with about 1 500 employees over potential job cuts at the lender’s retail and business banking division to cope with a struggling economy and increased competition.
Discovery Bank will start accepting new clients from Monday, three months later than it had anticipated when it unveiled its banking proposition in November.
Combined gross fraud losses on South African-issued bank cards soared by 18% in 2018, compared to the previous year, and totalled an astronomical R873.4-million, industry body Sabric said on Wednesday.
First National Bank and Capitec have tied for the title of South Africa’s best digital bank in research agency Columinate | Insight Consulting’s latest SITEisfaction survey.
Two Gugulethu entrepreneurs applied on Tuesday to the court of the Commissioner of Patents in Pretoria for an interdict to stop Nedbank from using a card-blocking system they say was stolen from them.