Capitec clients can buy SA, US stocks from banking app
The EasyEquities feature allows rands to be converted to dollars within the platform and then used for the purchase of US shares.
Lobby group contests Vodacom-Rain pact, as telco denies merger
While Vodacom says its deal with Rain was sanctioned by the authorities, the Progressive Blacks in ICT says the arrangement cannot be allowed.
FNB Connect sees growth in data, voice minutes usage
The MVNO records 25% growth in active customers, including 36% growth in premium subscribers who earn more than R240 000 per year.
Digitisation + innovation = tomorrow’s financial services
FNB’s head of Digital Banking, Giuseppe Virgillito, believes continuous innovation in the digital space leads to better financial services for all.
Crypto exchange AltCoinTrader drags ‘bullying’ Absa to court
The local crypto-currency exchange takes the big four bank to court for allegedly putting pressure on Zapper to close the exchange’s account.
FNB’s digital platforms show resilience amid COVID-19
The bank’s app volumes went up 28%, the eWallet transacting base was up 39%, while the eBucks earn value rose 9% to R2.2 billion.
COVID-19 drives African states into cashless societies
Cash may have traditionally been king, but the coronavirus pandemic is contributing to a faster pace of mobile money adoption across the continent.
FNB touts renewable energy as solution to Eskom woes
With SA’s ongoing electricity challenges, the long-term benefits of implementing alternatives such as solar certainly outweigh the costs, says the bank.
SA banks scramble to quell Experian hack aftermath
Local banks activate risk-mitigation measures following the hacking of credit bureau Experian, which left the personal details of millions of South Africans exposed.