The department of home affairs plans to expand its smart card applications at bank branches by the end of October, following the success of the pilot project, minister Malusi Gigaba said on Wednesday
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Blockchain — the technology that underlies cryptocurrencies such as bitcoin — is grabbing the attention of banks, says a prominent local law firm. The technology acts as a digital distributed ledger to confirm
Capitec Bank is generally the cheapest bank for the needs of most people, despite strong competition from other banks, according to Solidarity’s 2016 Bank Charges Report. As a result of strong competition in the basic
ThumbzUp, the local developer of mobile point-of-sale systems available in South Africa through Absa and in Australia through ANZ, is on the verge of signing significant new deals that will take it into
Absa has launched ChatBanking for Facebook Messenger, which allows clients to conduct their banking in the chat application. Messenger is the second platform that Absa has brought its ChatBanking service to
Banking group Absa has launched MasterCard’s MasterPass smartphone application in South Africa, allowing customers to use their mobile phones to make payments at the point of sale and on the Internet
Standard Bank has no plans, at least for the foreseeable future, to launch a mobile virtual network operator. The banking group’s chief executive for personal and business banking
A former Vodacom executive, who was once also CEO of the SABC, has been named as a deputy CEO of Absa parent company Barclays Africa Group. Barclays Africa said in a statement to shareholders on Friday that
First National Bank has labelled social media banking as a passing fad but the bank has affirmed that it’s attempting to keep ahead of the technological curve. Absa recently launched ChatBanking
Absa has assured customers of the safety of its new ChatBanking platform that enables banking via social network Twitter. The Barclays-owned banking group launched the platform for customers who