Nedbank said on Thursday that a security breach at a third-party supplier has compromised the details of as many as 1.7 million of its clients.
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Nedbank, Vodacom and now retail giant Pick n Pay are among the growing list of South African companies to back the locally made Mara phone.
Nedbank has launched a “lite” version of its smartphone banking application. Called Money App Lite, it’s a streamlined version for Android devices.
Government has spent months mostly talking about how to save the debt-stricken state power utility Eskom, spur economic growth and get its shaky finances back on track. Financial realities may force an end to the dithering.
Africa’s tallest building is set to open next month as its developers seek to cash in on security fears and traffic jams by building a high-rise residential and retail complex in the heart of Johannesburg’s financial district.
Nedbank has partnered with Microsoft to migrate components of its IT infrastructure into the cloud, the financial services company said on Monday.
Two Gugulethu-based entrepreneurs who accused Nedbank of stealing their patented card-blocking invention have issued a new summons against the bank in the high court in Johannesburg.
Mark Taylor will soon step down from the board of Reunert, where he serves as an executive director, ahead of his planned emigration from South Africa next year.
Nedbank Group is in talks with about 1 500 employees over potential job cuts at the lender’s retail and business banking division to cope with a struggling economy and increased competition.
While Nedbank CEO Mike Brown is optimistic, the government will have to make hard decisions, with the burden ultimately falling on the South African public to shoulder the bill.