Former First National Bank CEO Michael Jordaan, who joined the board of social network Mxit as chairman in September 2013, has acquired a stake in AngelHub Ventures, a Cape Town-based company that provides seed funding to start-up businesses. Kevin Harris, who has worked
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Stellenbosch-based mobile messaging platform and social network Mxit is taking aim at the vast Indian market, launching the service in the south Asian powerhouse this week in the hope of dramatically expanding its reach. The South African team
First National Bank customers can now purchase iTunes gift codes for the South African Apple iTunes Store using the bank’s smartphone application in a move that “marks the first step in introducing entertainment purchases” in the app. The codes can be purchased
Standard Bank has become the second South African bank in a fortnight to announce a transactional banking application in the Windows Phone store, signalling growing interest in the Microsoft smartphone platform. The Standard Bank app for Windows Phone
First National Bank has launched its transactional banking application on Windows Phone 8-based smartphones. FNB customers with Windows Phone 8 smartphones and Windows 8 tablets can now make full use of banking services via the app, it said on Thursday
Users of home-grown mobile messaging platform Mxit remain highly loyal to the platform, despite the fact that the service was recently supplanted by Facebook as the country’s biggest social network, according to what World Wide Worx and Fuseware are calling a “final analysis” of their “SA Social Media
FNB Connect boss and head of First National Bank’s business operations, Farren Roper, has resigned after five years at the company to pursue an undisclosed business venture in the telecommunications sector. Roper is an admitted attorney and an executive director
First National Bank’s tech-savvy CEO, Michael Jordaan, has been appointed chairman of the board of mobile messaging company Mxit. The appointment is effective immediately and, although Jordaan won’t be getting paid in the position and won’t be taking a stake in the company at first, he has the
First National Bank has increased the number of South African accounts by 8%, or 542 000, in the year to the end of June, underpinning total account growth of 1,1m. Number of transactions processed climbed by 13%, with fees and commissions up by 14%
First National Bank is rolling out a new range of ATMs called Slimline that it says are capable of delivering digital banking in retailer environments at remote locations where the volume of business does not support a conventional ATM. FNB Slimline has a large touch screen