Businesses keep asking customers for the same ID. Verifiable credentials could end the repetition, writes Contactable CEO Shaun Strydom.
Browsing: Fintech and payments
Bank Zero broke even in August, then took half a million end customers from remittance group Mukuru.
Kredete has acquired Gravv, bringing its stablecoin settlement and global payment rails in-house.
As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
Lesaka Southern Africa CEO Lincoln Mali says merchant division growth will return only in the second half of FY2027.
The banks no longer govern the payment system through a body of their own. A second, larger wave of change is already moving.
The digital bank’s first full-year profit of R370-million comes as Discovery ramps up its bet on AI.
Discovery is paying up to R958-million for Icario, a US member-engagement firm serving government health plans.
Reserve Bank governor Lesetja Kganyago signals a payments bill that will treat fintechs like banks on like activities.
The banks cannot reach South Africa’s R197-billion informal retail market. Three other contenders think they can.