Absa Group’s new CEO, Kenny Fihla, is aiming to turn the bank’s retail unit into the biggest in South Africa.
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Criminals are increasingly using extortion, e-mail and text scams to target South Africans, Standard Bank has warned.
High subscription rates are undermining South Africans’ propensity to save for a rainy day, says Standard Bank.
Tokenised bank cards are expected to take over, but several factors may keep physical plastic alive for a while yet.
Standard Bank has partnered with Checkers to offer UCount members with up to 40% back on shopping on Sixty60.
Outgoing Standard Bank South Africa CEO Kenny Fihla will be Absa’s next group CEO with effect from mid-June.
South Africa’s biggest corporate spender on IT has reported a 2% increase in full-year technology spending.
South Africa’s economy is set to forge an upward path this year after misfiring for more than a decade.
Magnetic stripes on bank cards appear to be on their way out as South Africa’s financial institutions look to more modern features to bolster the security of card transactions.
BankservAfrica’s latest update to real-time payments platform PayShap is designed to drive uptake of the service.