As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
Browsing: Investec
Bank robberies fell to just two incidents in 2025 while digital banking claims climbed to R2.4-billion.
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.