Standard Bank has asked the high court to prevent President Jacob Zuma and any of his ministers from intervening in its decision to close accounts of companies associated with the Gupta family. The appeal goes a step further than an
Browsing: Standard Bank
Standard Bank has acquired a majority stake in Firepay, the company that develops popular mobile payments platform SnapScan. Terms of the deal have not been disclosed. Firepay launched SnapScan in partnership with Standard Bank
Standard Bank has launched an initiative aimed at increasing the percentage of women working in the traditionally male-dominated technology field. The bank’s Geek Girl initiative will focus on young women, aiming to “inspire
Mastercard’s Masterpass now claims to be the most widely accepted digital wallet in South Africa after concluding a deal to allow consumers to use its wallet at the more than 30 000 SnapScan merchants in South Africa. Mastercard and SnapScan
Teraco Data Environments has announced it has started construction on a huge new data centre at River Fields Bredell, 20km north of its current Isando campus on Johannesburg’s East Rand. The 24MW, new data centre will be even bigger
Data centres are suddenly de rigueur in Africa, with new facilities being deployed across the continent as telecommunications operators and independent infrastructure providers build facilities to cater for rapidly expanding demand from African consumers
South Africa’s largest banks have successfully swapped an asset via a blockchain network, set up among themselves. The banks – Absa, Investec, Nedbank, Rand Merchant Bank/First National Bank and Standard Bank
South Africa’s largest banks backed finance minster Pravin Gordhan’s stance that he has no power to stop them from closing the accounts of a company controlled by friends of President Jacob Zuma. FirstRand, Standard Bank, Barclays
South Africa’s big four retail and commercial banks spent in excess of R30bn on IT in the 12 months to end-June 2016, including the cost of staff involved in this function. Excluding the cost of people, nearly R15 out of every R100 spent on
MTN Group and financial services provider MMI Holdings have announced they’re creating a new joint venture, branded aYo, to deliver micro insurance solutions across Africa. Insurance penetration is low