TymeBank, in which African Rainbow Capital is majority shareholder, has “onboarded” its eight millionth client.
Browsing: Banking
There has been a worrying 36% increase in reported incidents of banking app fraud, according to Sabric figures.
Capitec’s online banking app was down for several hours on Tuesday due to what the bank called a “technical issue”.
Interbank payments provider BankservAfrica has appointed Stephen Linnell as its new CEO, replacing Jan Pilbauer
Promoted | Real innovation can be about existing processes or simply harnessing data to more fully understand the customer.
Promoted | A robust cash investment strategy that prioritises minimal risk and long-term financial aspirations has never been more compelling.
Promoted | For businesses in markets such as South Africa, accessing the latest technologies comes with its own set of challenges, writes Investec’s John Plant.
TymeBank has become the latest financial services institution to offer instant payments through PayShap.
Magstripes remain used in markets around the world, including South Africa, despite obvious security risks. Why?
IT spending by South Africa’s big banks is in the billions of rand each annually, and growing fast.