TymeBank in bancassurance deal with Hollard

The digital bank says it has 489 000 clients as of 13 September, versus 370 000 accounts at the end of June.

The mobile operator has reduced postpaid data bundles by 70%, while its prepaid package has been reduced by 32%.

The bank wants to empower people to learn helpful money strategies and key financial principles in a simple and engaging way.

Recently, implementation of Basel III has been extended to account for the additional Basel IV requirements that have been added to the Accord.

Forex trading scams emerge as the most popular “get rich quick” scheme, as SA sees an uptick in illegitimate online trading deals.

African Rainbow Capital injected R750 million in TymeBank in the last financial year ended June, a tough period for the relatively new digital bank.

The banks have owned up to the incident that resulted in clients having double deductions from their accounts.

The digital payments company introduces new online payments solutions targeted at the under-banked, as its local user base reaches over 400 000.

The local crypto-currency exchange takes the big four bank to court for allegedly putting pressure on Zapper to close the exchange’s account.

The new Rola digital finance offering has been integrated with the Nedbank vehicle asset finance application programming interface. 

The bank’s app volumes went up 28%, the eWallet transacting base was up 39%, while the eBucks earn value rose 9% to R2.2 billion.

The app includes biometric sign-on; card and PIN registration without going into a branch; and chat functionality to contact an agent directly from the app.