As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
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The banks no longer govern the payment system through a body of their own. A second, larger wave of change is already moving.
Cell C CEO Jorge Mendes has told TechCentral that the big two would cannibalise themselves chasing MVNOs.
Absa has said that 1 400 developers use AI coding tools while its chatbot fields 100 000 queries monthly.
Standard Bank Group has named Amazon Bedrock as its platform and claimed a 20% gain from AI coding tools.
Bank robberies fell to just two incidents in 2025 while digital banking claims climbed to R2.4-billion.
South Africans are increasingly being targeted by AI-generated fraudsters who sound just like bank employees.
Standard Bank Group’s banking IT costs grew just 2%, but cloud spending surged 37% as amortisation fell away.
A rand stablecoin built for corporate treasuries has been launched just as Pretoria moves to fence those treasuries off.
Draft Reserve Bank and treasury rules would ban companies from moving crypto across the border, in either direction.