Standard Bank has launched a new innovation centre in Rosebank in Johannesburg in an attempt to, it said, “think and act like a 150-year-old start-up”. Launching the facility on Wednesday
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On Friday, Cape Town will launch a pilot programme that will allow residents and visitors to the city to pay for kerbside parking in the central business district with mobile payments app SnapScan. The service will be piloted in conjunction with Street Parking Solutions, the kerbside parking marshals
Standard Bank will undertake IT maintenance this Sunday morning, meaning its online and cellphone banking facilities could be offline. The maintenance could also affect its smartphone banking application. “The planned downtime on Sunday is to do routine maintenance
Standard Bank has said that after the technical glitches that affected its customers on Monday, most of its platforms are available to customers although the bank’s app is still not fully operational. On Monday, the bank apologised to its clients for the glitches, which lasted several hours. Clients said they could
Standard Bank has apologised to its clients for technical glitches that lasted several hours on Monday. “The bank regrets any inconvenience caused,” Standard Bank chief executive in personal and business banking Funeka Montjane said
Earlier this week, Old Mutual in Namibia unveiled a deal with Tranwall of Hong Kong to implement South African-developed “transaction control” technology on the OMcard, a prepaid Visa card that was developed specifically for Old Mutual customers in that country. The technology behind
Standard Bank has announced big updates to its banking application for smartphones. The app incorporates the Standard Bank ID, which was introduced with the bank’s tablet app in March. Once users create a unique login, they can use this across all their devices
There’s a revolution under way, and this one’s not being agitated by the working class, although they certainly have their part to play. It is being waged by banks, cellphone providers and entrepreneurs hoping to capitalise on a mobile commercial market that is estimated will be worth more than US$800bn by 2016 and have more than 400m users
The South African mobile payments space is hotting up with another contender entering the fray. FlickPay is the fifth mobile payments application to be launched in South Africa in recent months and, although it’s not
After a lengthy pilot project, Standard Bank has commercially launched SnapScan, a smartphone-based payments system that removes the need for consumers to carry either cash or bank cards, allowing them to make payments using only their phones. Consumers from any bank, not only