Bank robberies fell to just two incidents in 2025 while digital banking claims climbed to R2.4-billion.
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Smart ring start-up VezoPay has doubled its banking partners, and expects to have signed up five banks by year-end.
360Wallet owner has claimed that South Africa’s biggest banks are blocking its cardless cash withdrawal technology.
Dual-listed lender Investec is putting Microsoft’s AI assistant on every desk in South Africa and the UK.
South Africa’s key inflation number hit 4% in April, with fuel prices still rising and interest rate hikes now looking likely.
South Africa’s banks are taking divergent paths on AI, with Investec insisting people, not machines, define the institution.
A PwC analysis shows technology investment is accelerating as incumbents face pressure from challenger banks.
Standard Bank has confirmed the phased roll-out of smart ID application and renewal services at select branches.
Fintechs have gained an edge by working closely with informal traders, but the banks are also changing their approach.
BankservAfrica’s latest update to real-time payments platform PayShap is designed to drive uptake of the service.