A PwC analysis shows technology investment is accelerating as incumbents face pressure from challenger banks.
Browsing: Standard Bank
Standard Bank Group spending on tech rose 8.7% in 2025 while it extended the life of its South African core banking system.
ID applications are the first use case, but passports and other types of documents are in the pipeline.
Standard Bank has spent R1-billion rebuilding its business banking platform, giving clients more real-time controls.
Standard Bank has confirmed the phased roll-out of smart ID application and renewal services at select branches.
Standard Bank is accelerating the shift to cashless branches as it adapts its physical network to changing customer behaviour.
Legislative changes and lower-cost infrastructure are driving the advance of cryptocurrencies into mainstream payments.
More and more South Africans are choosing to shop online to avoid the Black Friday rush in physical stores.
Standard Bank now has the second-lowest PayShap fees in the country behind TymeBank, where they remain free.
Standard Bank has pledged R750-million in a strategic equity partnership with New GX Capital’s clean-tech fund.