SA consumers have all but abandoned the chequebook as a means of payment, with corporate use declining severely in recent years, as technology takes over. Apart from the obvious security problems with cheques, the lower cost and added convenience of electronic channels mean chequebooks could soon join audio
“Steve” from “Beep Bank” has become something of a meme among SA consumers. The First National Bank advertisements, which poke fun at the company’s rivals, imploring consumers to switch banks, have become the subject of everyday conversation, with people regularly wondering aloud which bank “Steve” really works for
First National Bank customers who are registered for the bank’s cellphone banking service can now check their balances and purchase airtime along with SMS, data and BlackBerry bundles using social media website Facebook. The service does not allow for payments to
First National Bank is adding a push-based instant messaging service to its smartphone banking application based on its inContact alert service, which will allow users to see a list version of their expenses when they select the messages icon in the app. The product, when it is rolled out to consumers
Six men appeared in the Pretoria specialised commercial crime court on Monday in connection with credit card fraud involving millions, the Hawks said. The men, two South Africans, two Nigerians, one Burundian and a Democratic Republic of Congo citizen, would remain in custody until their next court
Real Time Wine founder Andy Hadfield has had a varied career. He’s worked for a major bank, a digital agency, and as a digital consultant and public speaker. Now he’s trying his hand at an application that he hopes will sidestep the elitism often associated with wine reviews and provide an informative
RainFin hopes to disrupt SA’s financial services sector by allowing credit-worthy South Africans to engage in person-to-person lending, cutting out banks in the process and offering higher returns to lenders and better interest rates to borrowers. Sean Emery, cofounder and CEO of RainFin
Standard Bank has become the latest SA bank to launch a mobile transactional banking app. The app appeared on Apple’s App Store for iOS devices on Tuesday. Moneyweb, a financial news website, reported on Wednesday that the app was in both the Apple and Google
Nedbank launched its mobile banking application, called the Nedbank App Suite, to its staff on Monday. The bank says it will be available to the public from the beginning of August. The app has taken two years to develop and is only the third in the
When I sit down with Saki Missaikos, the new Internet Solutions (IS) MD, at the canteen at Dimension Data’s sprawling campus in Bryanston, north of Sandton, he immediately takes a shine to my new Samsung Galaxy S3 smartphone. He confesses that he’s moved almost wholesale to Apple
