The group needed a solution that supported multi-dimensional accounting and multiple companies.
The bank introduces cardless withdrawals, simplified cellphone banking and a digital conversational chatbot assistant called Enbi.
The most popular forms of gambling in South Africa include the National Lottery, sports betting, slot machines and bingo.
A combination of tough trading conditions, strong competition and the economic stress posed by COVID-19 means it has been a challenging market, says the MVNO.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The bank introduces the Unayo digital platform, aiming to connect the continent’s informal market to financial services.
The South African Post Office is advertising for a “reputable card scheme” to issue cards for Postbank over a period of five years.
The COVID-driven surge in financial crime leads to banks accelerating their use of artificial intelligence and machine learning to combat money-laundering.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
If IT leaders are not exploring how cloud providers can save costs, they are leaving money on the table.
Despite the loss, the digital bank says it expanded its existing client base and is achieving 500 average daily new-to-bank sales.
Local fintech start-up SOLmate unveils its virtual card offering, saying it aims to empower customers to shop safely online.
The Australian digital payments company intends to fully acquire South African buy-now-pay-later fintech firm Payflex.
Collaboration by all parties and stakeholders involved is fundamental to the success of a digital identity initiative in SA, says a new report.