Magnetic stripes on bank cards appear to be on their way out as South Africa’s financial institutions look to more modern features to bolster the security of card transactions.
Browsing: Bank Zero
Passwords, which have been used for decades in the technology industry for authentication, may finally be on their way out.
Banking app kidnappings, with the aim of gaining unauthorised access to victims’ money under duress, are on the rise.
Newcomers to the banking industry are encroaching on markets controlled by the traditional “big four” banks. And they are just getting started.
Bank Zero, which offers an app-driven digital banking services for individuals, is now providing commercial banking, too.
Magstripes remain used in markets around the world, including South Africa, despite obvious security risks. Why?
SaaS, or software-as-a-service, subscriptions have been increasing in price at rates above inflation for years.
Bank Zero has announced a partnership with iKhokha to provide business customers with a free-to-use card machine solution.
Niel Schoeman and Johan “Joe” Pretorius are behind a new digital currency venture hoping to fight climate change.
South Africa’s upstart lenders are leveraging their low-cost advantage to challenge the dominance of bigger and more established rivals, according to a report.