Absa says customers who hand banking credentials to an AI agent may be held liable, as local banks keep outside agents out.
Browsing: Capitec
DigiDeeds, co-founded by a former Capitec executive, creates digital records of homes outside the title-deed system.
South Africa’s big financial firms call artificial intelligence a growth driver, yet benefits are rarely tracked properly.
The Reserve Bank wants every ATM unbranded and shared. Banks say they’re working with it but won’t discuss detail.
The bank is holding money in detected mule accounts without visibly blocking them, leaving syndicates empty-handed.
Capitec’s fintech business contributed R2.7-billion to headline earnings, about three-quarters of what its personal bank earned.
South Africa’s two biggest MVNOs have a lot in common. What separates them is who banks with them.
As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.