The bancX start-up will use the funding to accelerate the expansion of its experiential cloud-based banking platform globally.
Clients can use the virtual card online like a physical card, but it’s safer as no-one can steal or duplicate it, says Capitec Bank.
In the new Banking Sentiment Index, Nedbank and African Bank emerge as the most responsive, while Discovery Bank is the worst at responding to customer queries.
The EasyEquities feature allows rands to be converted to dollars within the platform and then used for the purchase of US shares.
The varsity enters a multimillion-rand partnership with Imvelo Ventures to empower a new generation of leaders who will transform the business world.
The bank wants to empower people to learn helpful money strategies and key financial principles in a simple and engaging way.
The banks have owned up to the incident that resulted in clients having double deductions from their accounts.
Capitec held its Hackathon Life 2.0 tournament to help find solutions that will see South Africans live better in a post-COVID world.
The 18-month-old South African digital bank is rated second best in the country on the Forbes list of the world’s best banks.
The digital bank now has 1.4 million customers, of which 700 000 are active bank accounts
A survey shows customers are placing far more emphasis on perceived value and the need for banks to retain a human touch.
After implementing the DebiCheck electronic authentication system, local banks are witnessing positive results.