The South African Reserve Bank’s monetary policy committee hiked the repo rate by 25 basis points to 6%/annum, effective from 24 July 2015, its governor Lesetja Kganyago announced on Thursday. Banks will raise their prime lending and variable mortgage
The US Securities and Exchange Commission has decided to not to prosecute Johannesburg- and New York-listed electronic payments specialist Net1 UEPS Technologies over allegations that the
First National Bank has recently begun issuing credit cards with embedded “tap and go” near-field communication technology. “FNB can confirm at all new FNB credit cards that are being issued are enabled with
First National Bank is the top Internet banking service provider. This is according to online marketing research agency Columinate. The bank topped the poll with 75 out of a possible
Len de Villiers, Telkom’s chief information officer, says he enjoys a challenge. He says, too, that he’s a sucker for punishment. He’s certainly taking on a big challenge – and a punishing one – in
Corruption Watch has filed papers in the high court seeking the reversal of a payment of R317m to Net1 UEPS Technologies subsidiary Cash Paymaster Services by the South African Social Security Agency
Stafford Masie, the South African technology entrepreneur behind the Payment Pebble, introduced earlier this year by Absa, will on Monday takes the wraps off a radical new design of the mobile point-of-sale (M-POS) system. Instead of merchants
The South African-developed Payment Pebble, the brainchild of entrepreneur Stafford Masie, has been launched in Australia with the country’s third…
Absa on Thursday launched Features Store, a new platform it says will give its customers full control over their own transactional banking needs. The online platform is intended to be a one-stop shop where Absa clients can acquire new banking
Thumbzup’s mobile point-of-sale device, the Payment Pebble, which is available in South Africa through banking group Absa, is being opened up to third-party developers. Thumbzup founder Stafford Masie has revealed plans to release third-party
