Articles about Discovery Bank

Bolt for Business sees strong growth in SA

Driver data shows rising platform usage, with Joburg, Cape Town and Durban accounting for the highest volume of rides in 2025.

Discovery Bank taps Luno as crypto becomes mainstream

Under the deal, Discovery Bank clients will be able to link their Luno accounts to buy, hold and sell crypto assets through the bank’s app.

Discovery Bank fined R3m for FICA compliance failure

The Prudential Authority imposes administrative sanctions on Discovery Bank, as a result of its non-compliance with the FIC Act.

Cash’s crown slips, slightly

Cash remains the dominant payment method in South Africa, although digital alternatives are gaining ground.

Discovery taps AI to predict health risks, boost engagement

AI allows precise understanding of health risks and hyper-personalised product experiences, to encourage healthier behaviour, says the firm.

Bank Zero charts path to break-even in two years

After 40% year-on-year customer growth, the digital-only financial player aims to gain 100 000 new clients and expects to break even by 2027.

Discovery Bank readies Discovery AI

The digital-first bank announces new service offerings across its portfolio, including a private banking experience through AI.

PayShap prompts SA banks to cut instant payment charges

Local banks have reduced their own charges for instant transfers so that the charges are the same as that of PayShap.

‘Modest’ Black Friday 2024 online shopping surpasses 2023

Local e-commerce sales showed modest year-on-year growth this Black Friday Weekend, according to the banking industry.

Discovery Bank notches up first 1m clients

The digital bank says it has acquired one million clients, two years ahead of schedule.

Bank Zero goes live with deposit insurance scheme

The digital bank adopts the Reserve Bank’s deposit insurance scheme to protect customers’ deposits of up to R100 000.

FlySafair goes cashless inflight

The low-cost carrier will only accept cashless onboard food purchases, from 17 April.