The big-four bank’s half-year results show 72% of employees were active users of GenAI tools, with 87 approved use cases.
The local fintech grows from a two-person start-up into a 100-client firm processing more than R1 billion in travel payments.
Customer frustrations include network outages, billing disputes and failed service channels, a study finds.
Cellphone claims are just 4% of National Financial Ombud’s cases, but it is concerned insurers reject them on SIM card grounds alone.
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.
SA has licensed 300+ crypto firms, but decentralised finance is pushing financial activity beyond traditional regulatory oversight.
Local firms are increasingly exposed, as SA combines a relatively mature digital economy with uneven cyber resilience, says Cyanre.
Local banks lose significant amounts of interchange revenue as legitimate card transactions are consistently incorrectly declined by outdated fraud detection systems.
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
Retiring Nedbank COO Mfundo Nkuhlu says years of technology modernisation have laid the foundation for the bank’s AI strategy.
BlockTower’s rand-backed stablecoin now trades on Luno Global, marking the first institutional-grade rand stablecoin listing on a regulated crypto exchange.
The watchdog intensifies enforcement as deepfake technology fuels increasingly sophisticated investment scams.
The deal moves closer to finalisation after the Competition Commission finds no significant public interest concerns.
Advances in artificial intelligence are enabling organisations to connect strategy, operations and financial performance.