Michael Jordaan is considering partnerships to grow Bank Zero as it seeks to challenge the country’s big banks.
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Outgoing Standard Bank South Africa CEO Kenny Fihla will be Absa’s next group CEO with effect from mid-June.
The number of ATM bombings in South Africa declined by 30% in November and December 2024 and January 2025.
South Africa’s biggest corporate spender on IT has reported a 2% increase in full-year technology spending.
Revolut, the world’s fourth-largest digital bank, has confirmed to TechCentral that it is interested in the South African market.
Banks have spent fortunes fighting fraud. But this has slowed spending in other areas – and the cracks are beginning to show.
Banks around the world are rushing to upgrade legacy systems that are placing them at a significant disadvantage.
Global banks are expected to cut as many as 200 000 jobs in the next three to five years thanks to AI.
TechCentral spoke with TymeBank CEO Karl Westvig about Tyme Group’s latest investment round, TymeBank’s ambitious growth plans in South Africa, and more.
Tyme Group, controlled by billionaire Patrice Motsepe, has raised $250-million in a new funding round.