First National Bank and Capitec have tied for the title of South Africa’s best digital bank in research agency Columinate | Insight Consulting’s latest SITEisfaction survey.
Browsing: FNB
First National Bank’s online banking website suffered unscheduled downtime on Tuesday, with frustrated customers taking to social media to complain about the outage.
The country’s big four traditional banks – Absa, FNB, Nedbank and Standard Bank – have together shut 695 branches since their respective peaks in the earlier part of this decade.
FNB has announced sweeping changes to its eBucks loyalty programme, including giving clients the ability to earn double their fuel rewards on a quarterly basis with up to R8/l back at Engen petrol stations.
As a price war intensifies in South Africa’s banking sector, FNB has announced it will cut the fees of some accounts and offer free airtime and data to account holders.
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.
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.
FNB and RMB Private Bank customers who own a compatible Samsung smart device now have the option to use Samsung Pay to make secure contactless payments.
A South African company embroiled in allegations that it paid millions of rand a month in bribes to secure government contracts is facing collapse.
First National Bank is introducing consumer and merchant QR code payments to its banking app. The bank is using Masterpass, Mastercard’s digital payment service, to offer the functionality.