From free burgers and ride-hailing services to hip-hop concerts and discounted petrol: South African banks are going all out to win customers as competition hots up.
Browsing: Bank Zero
As new banks with radically different cost structures enter the market, the question is whether South Africa’s large banks are well placed to respond to the digital onslaught.
Bank Zero will be an app-driven bank, not an Internet bank, a digital bank or a virtual bank, and will not rely on physical branch infrastructure, according to chairman Michael Jordaan.
In this episode, your hosts Duncan McLeod and Regardt van der Berg chat about the week’s biggest technology stories, including Michael Jordaan and Yatin Narsai’s new digital bank. Also in the episode, they delve into Cell C’s plan