IT in Banking

Corporate trio unveil Europe’s first 5G banking services

In a joint initiative launched in Spain, ZTE, Telefonica and Bank of Santander will offer advanced services and connectivity to the country's financial sector.


Banks conspicuously absent in Facebook’s Libra grouping

Analysts share their thoughts on how Facebook’s new crypto-currency will impact the banking sector.


Slow migration leaves Discovery Bank clients frustrated

The digital bank calls for patience as it “slowly and responsibly” migrates its existing customers to the new banking facility.


WorldRemit intros money transfer service for SMEs

The money transfer service allows UK-based firms to securely send money to employees and contractors in 140 countries, including SA.


Stablecoins can eliminate crypto-currency volatility

A rand-backed stablecoin may open an avenue of innovation in the South African payments industry, say industry players.


Digital newcomers spark price war among SA banks

Since the digital newcomers entered the market, the incumbent banks have been slashing their prices one after the other.

12 Jun

Naspers now more focused business, say analysts

Iyzico is the third fintech business in the space of two years that Naspers has acquired as it pursues its vision for digital payments.


Capital Appreciation posts steady results

The fintech group delivers an almost 20% rise in revenue to just over R607 million, with a 13% decrease in profit.


R200m injection for TymeBank

The investment by the Ethos AI Fund in TymeBank will result in the fund being an 8% shareholder in the bank.


Standard Bank offers SMEs e-commerce in a box

The bank unveils its SimplyBlu all-in-one payment solution that allows small business owners to start and manage their own online store from one platform.


Michael Jordaan-backed crypto platform eyes global expansion

VALR today launches rand trading to allow users to buy and sell Bitcoin directly with the local currency.