Tokenised bank cards are expected to take over, but several factors may keep physical plastic alive for a while yet.
Browsing: Bank Zero
Michael Jordaan is considering partnerships to grow Bank Zero as it seeks to challenge the country’s big banks.
Revolut, the world’s fourth-largest digital bank, has confirmed to TechCentral that it is interested in the South African market.
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.
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.