The company has acquired the fibre-to-the-home network and infrastructure of Link Africa in Gauteng and Kwa-Zulu Natal.
The software services company will cooperate with the Financial Sector Conduct Authority’s investigations into Huge Group’s transactions on the JSE.
Ongoing investigations into the Absa data leak reveal an additional group of customers belonging to Absa and Ford Credit had been compromised.
In the past 18 months, the company successfully settled previous troublesome contracts with the state, and is now forging a fresh relationship with government entities.
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.
Tesla recently announced it would accept BTC payments.
The crypto traders believe there is collusion, as there has been no meaningful communication about the liquidation of one of the oldest crypto exchanges in SA.
The company says without banking services, it will not be able to pay 1 200 employees, or procure critical risk management services for the business.
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
The regulator opens a new probe into the company’s share transactions right after concluding another investigation on different transactions.
The Cape Town-based fintech firm receives funding boost to support growth into other African markets, as well as scale up the business’s current operations.
The company recently built its own in-house switch that is designed to handle the processing of newer payment types, providing the flexibility required in this digital era.
Trading sites have AI systems that analyse the market and collect data on Bitcoin.
Local crypto players are excited about the landmark listing of the US’s biggest exchange and believe the move will spur regulation of the burgeoning industry.