Browsing: South African Reserve Bank

Enoch Godongwana says the draft cross-border rules need “a different approach” and a second version is coming.

The Reserve Bank wants every ATM unbranded and shared. Banks say they’re working with it but won’t discuss detail.

Telecoms companies, fintechs and retailers will be able to connect directly to the national payments system.

The Reserve Bank wants all of South Africa’s ATMs white-labelled, with free transactions below a threshold, starting with a pilot in January.

Businesses keep asking customers for the same ID. Verifiable credentials could end the repetition, writes Contactable CEO Shaun Strydom.

Luno’s submission on the cross-border crypto draft questions its consistency with South Africa’s IMF commitments.

A leading digital bank has joined the Catastrophe coalition, saying crypto rules should target activities, not technology.

Three months on, the Information Regulator is still establishing how many insurers the MIP breach affected.

South Africa cannot bank the unbanked until it solves identity, Nedbank’s outgoing COO has said.

South Africa doesn’t need new AI laws. It needs the evidence to apply the ones it already has, writes Dirk de Vos.