Browsing: FNB

Banking
Standard Bank branch cuts are long overdue

The decision by Standard Bank to close 91 branches and cut 1 200 jobs is not at all surprising – the only surprises were that the bank announced it publicly and that it did so before elections in May.

News
FirstRand takes a leaf from Amazon’s book

FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car licence renewals to locating plumbing services as the South African bank chases new revenue sources.

News
Cell C MVNOs to roam on MTN

Mobile virtual network operators that piggyback on Cell C’s network will also get to take advantage of the cellular provider’s 4G/LTE roaming agreement with MTN South Africa.

Banking
Banking apps boom as usage skyrockets

South African banks are reporting phenomenal growth in the use of banking apps despite the country’s finite banked population, stagnant levels of smartphone penetration and relatively low levels of financial literacy.

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