Standard Bank has denied reports that it has suffered a security breach after some clients complained of “dodgy” transactions on their accounts.
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FNB has warned that cybercriminals are exploiting new and sophisticated attacks involving digital wallets.
TymeBank is raising $150-million to build scale as it prepares for an initial public offering, its CEO said.
Many point-of-sale terminals in circulation in South Africa support only 2G and 3G networks and must be replaced.
Marshall brings extensive expertise in helping businesses navigate the complex challenges of financial crime.
TymeBank customers can now withdraw cash at 172 000 spaza shops and traders across South Africa.
The entry of Big Tech into finance creates new risks that may need new rules, global banking regulators said.
There is something curious about Zimbabwe’s new banknotes: each note has a QR code printed on it.
Capitec Bank spent 27% more on IT in its 2024 financial year, reaching R1.9-billion from R1.5-billion in 2023.
Standard Bank Group on Thursday reported a 14% jump in annual software, cloud and technology-related costs.